I've been talking to iOS / OS X indies over the past few weeks and with very few exceptions, all I hear is "revenue down X% over the last Y years". We've seen this first hand, too.
Luc Vandal wrote a good article [1] about it. I'm very interested in hearing about other people's thoughts and experiences - contact details can be found on my HN profile.
> may lose traction because a VC funded company is offering a free alternative and has near to unlimited funds for market it while they figure out how to monetize it.
This is what got me. If you are doing well, startups are going to look at getting into your market. And you can't compete against free.
Luc Vandal wrote a good article [1] about it. I'm very interested in hearing about other people's thoughts and experiences - contact details can be found on my HN profile.
[1] http://lucvandal.com/2014/07/03/theindielife/