Image: AP
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Startup Appconomy has decided to discontinue its mobile social messaging app Grouped{In} because it’s too hard to compete with Google+.
Consultant and author Shel Israel posted the news on his blog a few days ago, and it was reported by AllThingsD earlier this afternoon.
Israel says that the app will continue to exist, but Appconomy won’t do any more updates to it. Instead, the company is focusing on a social networking platform for China.
Appconomy has had a tough time: cofounder Brian Magierski was ripped to shreds earlier this year when he presented Grouped{in} to a panel of judges at the Launch conference.
One panelist wondered how the company could survive by appealing to the steadily diminishing number of people who AREN’T on Facebook. The apparent answer: that’s a job for another giant like Google, not a startup.
Article source: SAI http://feedproxy.google.com/~r/typepad/alleyinsider/silicon_alley_insider/~3/rH8PI2IH5m0/google-claims-its-first-victim-group-messaging-app-groupedin-2011-7