Monday, August 11, 2014

Yo! ...is this a useless app or does a 5 - 10 million dollar valuation say something different? Yo app

An App Like Yo Could Turn Out to Be Bigger Than Twitter

'Yo' app on iTunes
Tap to go to 'Yo' on iTunes
Article Snip: "...Yo recently received $1.5 million in funding, putting its valuation at between $5 million and $10 million. Its co-founders, Or Abel and Moshe Hogeg, say that they were offered far more. Yo has been downloaded two million times, and its 50,000 or so active users have sent more than four million Yos. If Yo is a novelty app, it's the most successful one in history...."

Reference: wsj.com