Have you ever used the Apple app Fifty Three? I’ve used it on several occasions to improve my woeful drawing skills an do other creative things? With this new money raised, we may be able to do a lot of other things.
Due to venture capitalists like Andreessen Horowitz, Jack Dorsey and Chris Dixon, this paper drawing app has raised approximately $15 million dollars. With this money, Fifty Three hopes to expand, build new apps and get new hardware. Fifty Three has been used as a powerful business tool. Since it’s beginning, the app has been responsible for over 80 million projects. It’s already won Apple App of the Year award. It’s also expected this funding will help social collaboration to create new projects and better existing ones. Also, this funding will help hire more engineers in their headquarters in New York and Seattle.
I’ve used the Fifty Three app for fun and self-improvement purposes, but it’s becoming a powerful tool in the business world. They said they don’t even need this money, and it sounds like they don’t. So I like this innovation, and I’m glad this money is being used to make a good thing better. But shouldn’t they be spending that money on apps that need more help to survive? Or am I being crazy?