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by nneonneo 1316 days ago
The really key bit is right afterwards:

“There is absolutely nothing wrong with this business model… What differentiates Bending Spoons, though, is how they do it.

Remini - Bending Spoons’ new app that the press is gushing over - is $10 a WEEK. And Splice, the app that started it all? That’ll set you back a cool $5/week.”

In short, they buy apps, add aggressive and practically exploitative monetization, and ride the revenue stream until it dries up.