SimianLogic2

Why is it limited to only recent grads? A lot of people have that "some day" thing they want to do but chose a "safe job" instead. As a backer, I'd be much more likely to fund a console veteran who wants to make indie games (i.e. reasonable chance of success) than a recent CS grad who has a job offer at BigCorp.

The thing that sets this apart from Kickstarter is that you're backing a person and not a project. If their "go for it" project fails, though, it'll feel a little bit like indentured servitude.

The biggest ding for me so far is lack of integration with Mint. That's probably done on the Mint side, but Simple has to know their customers strongly overlap and should be pushing hard for it.

That wasn't meant as a disparagement on their products--but app quality and app store ranking often have very little to do with each other. Unless by "until now" you don't mean "until Instagram sold for $1 billion", I don't think the technology has radically shifted in the last couple of weeks.

The fact that they're 1-2 in the app store probably has more to do with the Instagram sale than any pent up demand for video sharing. It makes sense that they're both raising money--they've got to fund their massive UA campaigns.