Comments on: Don’t Bet Your Fortune on Facebook Apps

By: zuckerborg

zuckerborg — Sat, 16 Feb 2008 01:09:49 +0000

making apps is easy, so what is your competitive advantage? business 101.

By: zuckerborg

zuckerborg — Sat, 16 Feb 2008 00:09:49 +0000

making apps is easy, so what is your competitive advantage? business 101.

By: Kyle davis

Kyle davis — Fri, 15 Feb 2008 22:18:00 +0000

Owning a Facebook app is useless, its like building a business in someone elses backyard. If they decide to have a BBQ and kick you out, they will. They are slowly taking back all the realestate they promised developers for building all the great apps. Well, thats what the developers get…Barnum said it best, there’s one born every minute. The only winners are those ad networks like adblade and social media. They are the only ones making money. They produce nothing and generate big money.

By: Kyle davis

Kyle davis — Fri, 15 Feb 2008 21:18:00 +0000

Owning a Facebook app is useless, its like building a business in someone elses backyard. If they decide to have a BBQ and kick you out, they will. They are slowly taking back all the realestate they promised developers for building all the great apps. Well, thats what the developers get…Barnum said it best, there's one born every minute. The only winners are those ad networks like adblade and social media. They are the only ones making money. They produce nothing and generate big money.

By: Steve Poland

Steve Poland — Fri, 15 Feb 2008 18:03:57 +0000

Nick — I agree with you in regards to Facebook. But there’s still a playing field that’s about to emerge on MySpace, bebo, Friendster, etc … and despite apps being easily transported to those platforms, I think single person app developers could emerge to do well on those platforms.

By: Steve Poland

Steve Poland — Fri, 15 Feb 2008 17:03:57 +0000

Nick — I agree with you in regards to Facebook. But there's still a playing field that's about to emerge on MySpace, bebo, Friendster, etc … and despite apps being easily transported to those platforms, I think single person app developers could emerge to do well on those platforms.

By: Chad Boyda

Chad Boyda — Fri, 15 Feb 2008 08:42:26 +0000

Absolutely. Still plenty of opportunity, but you will have to create a very good application, or have a large marketing budget.

This has obvious downsides, but there are some upsides too. For example, these changes will be an economic stimulant for the Facebook economy. Expect prices of ads to go up as inventory decreases and demand increases. This is good news to those developers who can capture and retain an audience.

By: Chad Boyda

Chad Boyda — Fri, 15 Feb 2008 07:42:26 +0000

Absolutely. Still plenty of opportunity, but you will have to create a very good application, or have a large marketing budget.

By: Eric Dewhirst

Eric Dewhirst — Fri, 15 Feb 2008 05:45:17 +0000

Nick you are right!

Ohh I don’t want you to be right - but you are right. Beside the fact that even if you have a ton of users - what are you going to do to monetize them? No seriously what are you going to do? You sell them down the river with ads or spam them you are done for - you will have backlash 2.0 that will make FB Beacon look like an email outage.

Facebook is growing up and your take that big players with some serious back ends to back into FB will be the next wave is right on the money. Tricky tricks are done - now the next step is to leverage the social graph with apps that matter.

Cheers - Eric
http://www.pickuppal.com

By: Eric Dewhirst

Eric Dewhirst — Fri, 15 Feb 2008 04:45:17 +0000

Nick you are right!

Ohh I don't want you to be right - but you are right. Beside the fact that even if you have a ton of users - what are you going to do to monetize them? No seriously what are you going to do? You sell them down the river with ads or spam them you are done for - you will have backlash 2.0 that will make FB Beacon look like an email outage.

Facebook is growing up and your take that big players with some serious back ends to back into FB will be the next wave is right on the money. Tricky tricks are done - now the next step is to leverage the social graph with apps that matter.

Cheers - Eric
www.pickuppal.com