Mobile App Devs Give Out Black Friday Deals, Too: Sourcebits Defers 50% Payment Until You Raise Your Next Round

Black Friday is best known as the day that consumers are bombarded with deals to kick off the holiday sales rush. Now Sourcebits, a mobile app development company, is hoping to use some of that mojo to drum up sales in its B2B business, too. From tomorrow, the Sequoia and IDG-backed startup will offer companies a 50-50 deal on new apps: Sourcebits asks for 50% of the cost of the app design and development, and then the clients only pay the other 50% when (and if) they next raise a round of funding.