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by neuroscr 4685 days ago
They've embraced open standards: http://blog.app.net/2013/08/07/response-to-brennan-novak-par...

And they have started releasing client source code: https://github.com/appdotnet/

a16z is already getting a return, since App.net has been profitable for a while. It's all gravy since they've made it free to sign up. The user base is about 10 times bigger than last year. It's true we don't know how many new users are paying but since that fixed costs are covered, it doesn't really matter.