From the annals of speculative bubbles:
How much would you pay for an app that only allows users to send one word? A couple of quid?
Well, investors have forked out a good deal more to fund an app called Yo, which allows users to transmit just the word “yo” and nothing else.
The team has already raised $1m in funding and boasts 50,000 users who have sent a total of 4 million Yo messages.
Anyone actually know how to write such an app? We should be able to have the Yar! app ready by Monday shouldn’t we?
Then it’s just a matter of spamming the media with press releases until it becomes a hit.