Pownce wasn't designed to capture any particular market or change the world in any particular way. Pownce was designed to be, and functioned perfectly as, a holding pattern for fortunate, privileged Silicon Valley/San Francisco celebrities who were, for a time, too well-connected to need real jobs. Northern California is full to bursting with similar companies. Ever so often times get tough, and even the well-connected need to produce something, so they fold up their inflatable castles and do some real work for a year or two, generating actual revenue, until the economy recovers.
It's sad, I guess, but it only ever happens in economic contexts where much sadder things are also happening.
sd.rb
