WHAT: Pic Collage is the 'anti-Photoshop' way to method to create collages on iPads and iPhones.
LAUNCHERS: John Fan, Ching-Mei Chen [@chingmei , LinkedIn ] , Jaime Cham, Co-founder Joanne Chang
CUSTOMERS: Launched a month ago, 400K downloads so far. Top 10 app in many countries, number 1 in Mexico, number 7 in U.S.
BUSINESS MODEL: In-app purchases of stickers and other add-ons to put into collages -- John Fan said the in-app purchase market is around $5B.
COMPETITION: Rovio, MyAppBuilder, Sweb Apps, AppIncubator
INVESTORS: 500 Startups