MIT spin-out Thunkable hopes its drag-and-drop app builder can be a money-spinner too
For companies who want to build apps to mobilize their business processes but don’t have the know-how to write code, there are several tools on the market that help to build apps by drag and drop. Thunkable is one of them. Read more on how-to below. It also comes with a handy tutorial.
Bagging lots of users is a challenge one of the startups in Y Combinator’s 2016 winter batch is worrying about a bit less than the average. The two-man strong founder team of Thunkable is coming from the rather more comfortable position of already having fostered a community over four million strong — thanks to the drag-and-drop app builder interface they helped developed at MIT some five years ago. The same core tech the pair are now aiming to build a business on.
And while they don’t yet have all those millions of users locked into their new tool, they do have some 50,000 people signed up about month after launching their free app builder. And a clear path to encourage over more of their old users — and bring on new ones too.
So why the fork of the original MIT project now? The success of MIT’s App Inventor meant it had outgrown the resources afforded it within academia, say Thunkable’s co-founders Arun Saigal (CEO) and WeiHua Li (CTO).
Read the entire article from TechCrunch here: MIT spin-out Thunkable hopes its drag-and-drop app builder can be a money-spinner too