What I’m Reading
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Verious Launches First Marketplace For Mobile App Components

Today, TechCrunch Disrupt finalist Verious is launching the world’s first marketplace for mobile application components – that is, the libraries, the SDKs (software development kits), the add-ons, the open source code and other third-party services which specifically cater to mobile app developers. Until now, there hasn’t been a centralized repository of these resources.
But Verious isn’t just organizing mobile app components on its site, it’s also offering a way for developers to sell their components to others through a copy-protected licensing system.
According to analysts, the market for mobile application development services is expected to reach $100 billion by 2015, as many independent developers are now working on a combination of consumer-facing apps alongside mobile app component development. That no one has thought to launch a service like this until now is actually somewhat surprising.
With Verious, the goal is to help developers speed their time to market by offering the components they need, but don’t have either the time or resources to build themselves. For example, there’s a 3D globe which consists of 20,000 lines of code, built over the course of 5 months with $50,000 worth of labor. It’s listed on the site for less than $1,000 to license.
Pre-launch, Verious’ founders talked to thousands of developers and have compiled a list of 1,000 components along with $100,000 worth of component requests. The size of this initial catalog demonstrates the need for such a service’s existence in the first place – there are a lot of mobile app components for developers to keep up with!
In addition to organizing the components on the site for easy discovery, mobile app developers are allowed to test out the components in a 30-day free trial. They can also post and “follow” component feature requests, so sellers know which ones to prioritize in their development to meet market demands. In the future, the ability to rate, review and comment on components will be added, too.
The site’s patent-pending License Manager lets sellers enforce different types of licensing models, including annual fees, perpetual fees, volume-based tiered pricing, source code buyout and more. Verious will charge a 20-40% commission on components (20% for charter developers), a referral fee for premier partners listings SDKs, and revenue share for server-side partners.
At launch, Verious supports iOS and Android, but will expand to other platforms as the market demands.
Verious’ management team is composed of industry veterans with CEO Anil Pereira, VP Marketing Don Pitt and Web Strategy/Ops head Michael Coleman. Their combined work experience includes time spent at VeriSign, American Express, DataSphere, VMWare, Samsung, Openwave and TRUSTe.
The company, founded in 2011, is backed by seed and angel investors including Charles River Ventures, X-G Ventures, Mark Britto, Iggy Fanlo, Gil Penchina, Krishna Vedati and others.
Judges Q&A
Expert Judges: Aileen Lee (Kleiner, Perkins, Caufield & Byers), Dustin Moskovitz (Asana), Michael Parekh (MPi Capital), Joshua Schachter (Jig)
AL: Estimation of addressable market?
A: 1) App services market – $100 B by 2015, plus app tools market – $30 B by 2015, according to analysts.
DM: Dev tools companies have failed to make business of it. Who is doing it well?
A: Plenty of companies doing marketplace models out there.
MP: Quality control? Rating system?
A: Developers have to produce a sample app with the code, or have an app on the App Store. Yes, ratings, reviews, community are coming.
JS: How to be first stop for developers?
A: Every day, companies are launching SDKs. Companies are working with Verious now to get their libraries listed. They want to be on site to grow their install base.
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Cake Health, The ‘Mint For Health Insurance,’ Launches To The Public
No matter how healthy you are, health insurance still has the uncanny ability to give you a headache.
First there are the bills, which always seem way steeper than you were expecting. Then there are the non-bills that look a whole lot like bills, which may lead you to assume those envelopes that hold real bills are non-bills, too (cue creepy phone calls from credit collectors). Oh, and good luck checking those bills to make sure your insurance is actually paying for everything it’s supposed to — and that the doctor is charging the correct rate.
It doesn’t have to be this way. At least, I really hope it doesn’t. And a startup called Cake Health might be the answer.
The startup, which I first wrote about back in May, is hoping to become the ‘Mint for Health Insurance‘. At the time it was in a limited private beta, and now, at the TechCrunch Disrupt Battlefield, Cake is opening to the public. Oh, and the TC Disrupt Judges love it.
To get started on the service, users are first prompted to enter the credentials for their health insurance account — the company says it supports the top healthcare providers, covering some 150 million Americans. After entering your login, the service will pull in all of the key data: how much you’ve paid out-of-pocket this year, how much your insurance has covered, how much of your deductible is paid, and so on.
It’ll also look at the benefits your plan offers, giving you reminders to use any benefits that you might forget about (like a yearly eye exam, or dental checkups, for example).
Oh, and the site also has a feature that addresses the bill headaches mentioned earlier. Namely, it’ll let you take a snapshot of your bills, and your ‘non-bills’, to compare what you’re being billed, and what your insurance is paying. It’ll even tell you if you should negotiate with your doctor/hospital over how much you’ve been charged (the company has told me that there are actually a surprising number of errors when it comes to these bills, as they are typically created manually).
Finally, the service is also offering health insurance recommendations, drawing from 13,000 plans to recommend the ones best suited to your needs and price rnage (it’s like Mint and BillShrink in this regard).
As I wrote when I first saw the service, the biggest obstacles facing Cake Health are the fragmented healthcare industry, and earning users’ trust. Cofounder Andy Brett (who, disclosure, was formerly an engineer at TechCrunch), says that the company has developed scraping techniques that help it quickly process information from many providers, even if they don’t have a structured API. As for the latter issue, there will likely be some people who are averse to handing over their data to a startup (I’d argue that healthcare information is even more sensitive than financial data). But there are also plenty of people (probably a large majority) who won’t be especially worried, and the company says it’s taking security seriously.
BG: I think this is Mint for this space. I love it. Best presentation so far.
TC: I love this, it’s brilliant and needed. How difficult is it to upload all my information. This model sems to work well if I invest a lot of energy into the inputs.
A: We work hard to reduce the amount of friction that a user would have signing up. We’ve built the technology on the backend to pull in the data no matter what format you find it in.
TC: I think you need workarounds, I don’t know my login information.
SM: I wonder how you’re going to scale; how do you get people beyond early adopter?
A: First answer is how do you get beyond early adopters… anyone’s documents, HR summary, your EOBs, can be sent to [email protected]. If you’re not tech savvy, you get online. To scale, getting the word out.. employers are helping with distribution.
Everyone loves it.
Hypercasual: when the web gets a little too friendly

It’s everywhere, and it drives me crazy.
Katy Lindemann, a friend of mine who’s a communications strategist in London, made an interesting point about the growth of this approach in a recent blogpost. Too often, she says, companies simply decide to let their standards slide when it comes to social media, opting to drop their usual voice for one that I call hypercasual.
She refers to one example noticed by U.K. developer Phil Gyford. He spotted that his bank, Smile.co.uk was polling web users on a topic that felt oddly casual.
“Smile.co.uk, I know you want to be friendly,” he said. “But is a poll on the front page about your favourite A-Team character appropriate for a bank?”
I’m not entirely sure when this extremely casual voice started being used by companies online, but I remember when it seemed novel: back when Flickr launched, for example, using a playful, personal voice that seemed like a breath of fresh air. It wasn’t pretending to be a person, exactly, but it had a personality. In Britain, we had Innocent Drinks, a company that has spent the last decade making a virtue of its cute copywriting.
Through the Web 2.0 boom, the friendly voice was rapidly copied. In fact, it became synonymous with social media presence — even though it was rarely done as well as those who led the way. Now it feels as if everything is trying to be friendly, from fashion outlets to banks to your kid’s school.
But it doesn’t always work. As Lindemann puts it, it’s the result of people getting their “content strategy” wrong:
It’s partly the Innocentification of cutesy, zany copy where it’s just not plausible or appropriate for the brand… But it’s also suggestive of a complete lack of content strategy… Of not really understanding what kind of relationship the people they’re trying to engage want to have with their brand. Whether they want a brand to be useful, helpful and deliver against their brand promise – or whether they want a brand to be their mate.
The question of tone is important because sometimes the hypercasual approach ends up not simply being inappropriate, but downright offensive. Remember when Kenneth Cole made an inappropriate joke during the Egyptian uprising? Or when Microsoft urged people to buy Amy Winehouse downloads just hours after the singer was found dead? There are dozens of examples of companies getting it wrong in social media.
And while some of these problems are individual failings — giving the wrong person the ability to post messages on your company’s behalf, or posting to a company account when they mean to post to a personal one — they are all, on a broader scale, the result of trying to take a hypercasual approach.
The discussion reminded me of a recent New York Times piece arguing that the late novelist David Foster Wallace was really the man to blame for over-casual. In the article, writer Maud Newton argues that Wallace’s popularity was emblematic of the language that evolved from the web; the equivocations, the postmodern inflections of IIRC and IMHO.
While the argument itself is a little tricky — I’m not sure whether she’s suggesting that a large proportion of bloggers have actually read David Foster Wallace, or merely that he captured the voice of a generation — she is right to point out that his prose is full of the sort ofs and pretty muches that define hypercasual. He is, in some ways, its patron saint. From the article:
I suppose it made sense, when blogging was new, that there was some confusion about voice. Was a blog more like writing or more like speech? Soon it became a contrived and shambling hybrid of the two. The “sort ofs” and “reallys” and “ums” and “you knows” that we use in conversation were codified as the central connectors in the blogger lexicon… It’s fascinating and dreadful in hindsight to realize how quickly these conventions took hold and how widely they spread.
When the hypercasual is used properly, it can be very powerful. Betfair, a British gambling website, started experimenting with a new Twitter voice earlier this year. The result was a riotous stream of consciousness, jokes about corporate life or tales of dogs and strippers. It was the manic, unbalanced voice of somebody on the verge of madness, trying to escape office life through the magic portal of Twitter. It was great.
So perhaps these clunky examples of the hypercasual voice — the A-Team polls and the bad taste jokes — are actually part of a strategy. It’s just a strategy that has gone wrong.
More likely, I suspect, they are merely evidence that many people companies confuse being friendly with being flippant. Trying to “do social” means trying to be friendly, which in turns means sounding like an ordinary person — and it’s very easy to imagine that the best way of sounding like an ordinary person is to simply let an ordinary person take over your Twitter account and do whatever comes to mind.
But thinking that hypercasual is synonymous with not trying is a terrible mistake. David Foster Wallace didn’t just write the first thing that came into his head; he agonized over the text. Flickr’s playfulness with words represents something of the company’s culture, even now that it’s part of Yahoo.
Lots of businesses want to be friendlier, but that doesn’t mean you can just slap up a few jokes and I’ll be your lifelong buddy. The truth is, I don’t want brands to tell me what they were doing this weekend or share funny video mashups with me. That’s what my real friends — what real people — are for.
Photograph of Yay! sticker from Moo used under Creative Commons license courtesy of Flickr user Richard Moross
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