Interview: Chris Wade, CEO, Shozu: VC's Won't Pay For Free Apps Forever

Entities Mentioned

• Apple
• Apple
• Facebook
• Technology
• Ovi Store
• App Store
• iPhone

1. Charging for apps may just be the wave of the future, according to Chris Wade, the brand new CEO of Shozu, whose applications allows users to upload content on their phones to content sharing sites—such as Flickr and Facebook—on the internet. Though there’s been much debate about whether its only free apps that do well with consumers, and whether consumers have now been primed to expect apps for free, or at the 99-cent mark, Wade, who is Shozu’s largest private shareholder, and has been its chairman since 2002, believes that many companies, and especially those backed by VCs, will ... (Read Full Article)

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