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WEB/DIGITAL The Facebook Economy - CNNMoney

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NoMoneyDown

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Read Millionaire Fastlane
Aug 28, 2007
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Round Rock, TX
Good opportunity for computer-savvy entreprenuers ...

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The No. 2 social network is fast evolving into a new kind of software platform - and the race is on to figure out how to turn users' every move into dollars for enterprising developers.

By Lindsay Blakely and Michael V. Copeland, Business 2.0 Magazine
August 23 2007: 7:31 AM EDT

Excerpt:

One venture capital firm, Sand Hill Road-based Bay Partners, has set aside more than $12 million to bootstrap 50 new Facebook applications. "The current apps only scratch the surface of what is possible," says Salil Deshpande, a partner at the firm. "We're looking for much more sophisticated applications that can make money."

Note: I have a couple of ideas myself, but would like to brainstorm with some others.
 

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