Guys, watch the show, it answers many questions
Thanks for the Q&A session. Most enlightening.
As I said earlier, being a private company, Fuse Powered has no obligation to reveal any more than they wish to reveal and quite frankly I don’t think they have in that one hour effort.
Most significant point for me was the “One year out” question; more so the lack of a clear response to it. I can’t believe that anyone would go out and buy a company on a whim without having a solid business plan around the acquisition and specifically a short, mid and long term vision around the transaction.
One year might be a looooong time in technology space but it is a blink in the life cycle of a successful company. Lack of a shared and well articulated vision is either a sign of trouble in this increasingly challenging marketplace or simply lack of sincerity and transparency.
I’m sure they know but don’t want to make it public as I don’t think it is in the best interest of the typical Corona developer. There is no way they don’t know what they plan on doing. I didn’t want the QA but I find it hard to believe they don’t have a plan already.
My point precisely. I’ll save you the trouble, just jump to 52:50 in the video to catch this question and response to it.
Hey guys - I’ll chime in here quickly.
Believe it or not, there is no grand master plan that we are trying to keep secret. The fact is, things move so quickly, that it *absolutely* is very hard to know where we will all be in a year. That is especially true in this industry.
So for starters, we didn’t prepare the questions ahead of time - so Jon/Walter were put on the spot with that question and did their best to answer. Charles can attest to that 
But more importantly, I can honestly say that the important goals we have are:
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Make Corona the best platform possible for developing great 2D games/apps.
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Make AdRally the best way to monetize games/apps (regardless of underlying platform)
That’s the plan. The specifics are more hazy, and frankly less important. You guys well know that Apple and Google (and Microsoft) are very prone to throwing curveballs our way and we will just have to react.
I can definitely see a cross-platform development tool company buying an Ads/IAP company to help developers maximize their income. What I find interesting about this that it’s the reverse of what I would of expected – an Ads/IAP monetizationcompany buying a cross-platform tools developer.
I appreciate this thread and the video. I am also not going to judge at this time since the amount of information out there is minimal. While I do struggle with revenue, but I believe that is because I struggle with exposure. If no one knows your apps exist, no one with download them.
If this new partnership does provide increased exposure to my apps, then I would expect revenue to follow.
–John
I hope I didn’t get Charles in trouble! It was an excellent question.
IMHO, it is impossible to make the decision to buy a company the size of Corona Labs without having a clear plan. It would be impossible to get the Fuse board of directors and VC backers to approve the deal. It is perfectly ok if the CEO does not wish to divulge any more at this point. This is a private company and thats how it all works. I wish all concerned the best in making this new venture a success.
@ksan, don’t worry. The team at Corona doesn’t roll like that. Our goal has always been to communicate as clearly as possible. Nobody gets in trouble for doing their job to the best of their ability
Most of the questions that were asked on last night’s Hangout either came from what’s been talked about in this forum or from one-on-one developer conversations. The one year question was something I literally came up with on the fly so I could round out the conversation and close out the Hangout. Jon and Walter were as sincere as you can get since they didn’t know what I was going to ask until I said the words.
I wish I could take everyone with me into every team meeting and sidebar discussion so they could really know how genuine these guys are. There’s no smoke and mirrors, or hidden agendas. This isn’t pre-scripted “reality” tv. They work hard, they do their best, and when the industry changes they adapt. As Steve Jobs said, “A game players want to work with other A game players.”
Congrats Walter & Team!!!
I hope Fuse set the Corona team with a good equity position.
BTW, Walter, what’s your role at Fuse now? - I am expecting you to be part of the exec team locked down with golden handcuffs…
Cheers!
Praveen
I finally watched the podcast, and I learned that Fuse does not offer banner ads. There are probably a lot of existing Corona made apps, where the developers would be willing to give this new service a try. I think this number will be greatly reduced without banner ads.
Congrats Nothing more to say, except go forth and multiply.