[jjudge]

Love this quote:

"I think, at the end of the year, if you picked your team right, you'd have a pretty good shot at a profitable business. And if it fails? Well, good news, you can do it all over again. 40 times. And still have $5 million left"

As someone who has bootstrapped a company to profitability, you're definitely right about people the most important ingredient.

I think Color definitely took a lot of money, but the goal is to get the app installed on every phone possible - and that will take a lot of advertising money.