Facebook announces $10m FB Apps Fund

Facebook announces $10m FB Apps Fund

I’m sitting at TechCrunch40 and Mark Zuckerberg just announced the FaceBook $10m Apps fund to assist developers in building Facebook apps.  There will be no equity taken, and this is basically a grant.   The Web 2.0 market is going crazy… it’s certainly boom time! Free money…what next?

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Comments On This Post

  1. Alfred Jones Says:
    September 18, 2007 at 5:24 am

    well Facebook has to pay for its developers and its such a wonderful idea for collecting funds of about $10 billion to pay for developers to develop application for face book. Facebook idea to fund applications built on its own platform is really amazing hope this application rocks the world.The Face book application keeps the machine self feeding and hope it will create a tighter ecosystem.

  2. Alfred Jones Says:
    September 18, 2007 at 7:24 am

    well Facebook has to pay for its developers and its such a wonderful idea for collecting funds of about $10 billion to pay for developers to develop application for face book. Facebook idea to fund applications built on its own platform is really amazing hope this application rocks the world.The Face book application keeps the machine self feeding and hope it will create a tighter ecosystem.

  3. Speed Linking: 24-Oct-07 | TechNotes Says:
    October 24, 2007 at 7:41 am

    [...] has announced a $10m fund for developing FB Apps. Wow!!! You can expect a hell of a lot of new apps on FaceBook in the near future for [...]

  4. OpenSocial Factory Says:
    November 12, 2007 at 6:56 am

    OpenSocial Factory - Where social networking applicatios come to life!
    Are you in need of a custom Facebook application or an OpenSocial application for social network? We are happy to build even the most robust applications to help promote your company in the realm of social media across any social network.
    Visit now: http://opensocialfactory.com or http://opensocialfactory.net

  5. OpenSocial Factory Says:
    November 12, 2007 at 8:56 am

    OpenSocial Factory - Where social networking applicatios come to life!
    Are you in need of a custom Facebook application or an OpenSocial application for social network? We are happy to build even the most robust applications to help promote your company in the realm of social media across any social network.
    Visit now: http://opensocialfactory.com or http://opensocialfactory.net

  6. Social Networking Blog Says:
    December 27, 2007 at 5:03 am

    Thats a very good news for social application developers. Keep the good work every time.

  7. Social Networking Blog Says:
    December 27, 2007 at 7:03 am

    Thats a very good news for social application developers. Keep the good work every time.

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Vinny Lingham is an International Award winning Entrepreneur & Search Engine Marketer. He is currently CEO of Synthasite, a Web 2.0 Startup.

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