We're all downloading the same old apps instead of new ones

Open up your phone and take a quick scan of the apps you have installed? Are any of them new?

Chances are most of the apps you have on your phone aren't. Most people are "choosing to download more established, mature apps" as opposed to "upstart apps" observes Eric Feng, a general partner at Kleiner Perkins Caulfield & Byers, and former CTO of Hulu and Flipboard.

Compiling data from Apple's iTunes App Charts and app analytics firm App Annie, Feng astutely concludes that the great app gold rush may be over.

With over 2 million apps available in Apple's App Store, the likelihood of a young app breaking into its "top 30" and staying there is no longer as likely as it once was, says Feng. Read more...