Earlier today, a report pointed out that the revenue generated by Facebook apps is about equal to what the social networking site itself pulls in. Both businesspeople and ordinary users may be interested to know, then, that 25 Facebook apps and Connect sites have been named fbFund 2009 finalists.
Facebook, Facebook. A year ago, it seemed we could hardly go a day without some newsworthy tidbit from the sweetheart of the social networking scene. These days, positive headlines—or any at all, since “ink is ink”—are much fewer and further between. But today, Facebook has two reasons to make the news: they’ve endorsed the new KIDS Act from the US federal government and they’re finally disbursing the fbFund for startups.
As someone who’s not too fond of Facebook applications, I must say that this development reminds me of Monty Python’s “Upper Class Twit of the Year” sketch. But it’s likely that, by paying people to develop apps, the newly founded fbFund is trying to undo such associations.
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