Insiders know that getting close to Facebook product teams is the best the way to take your business to the next level. Pitching Facebook as a startup is hard, though. New Facebook features create a virtual gold rush for platform developers. New Facebook application-programming-interface features enable new ways to monetize virtual goods in social games, for example. New Facebook ads features create new ways to target advertising to specific users — audience segments like “everyone who has purchased virtual goods on Facebook” — creating huge opportunities for those who move to monetize first.
Reporting for work at Microsoft: Mark Zuckerberg? Facebook’s co-founder and CEO said it could very well have happened if the social network hadn’t taken off, and his conversation with Y Combinator Co-Founder Paul Graham at Stanford University’s Memorial Hall Saturday touched on several other topics, including the future of sharing, MySpace, and advice for startups.
A missive posted by Paul Graham, founder of investment firm Y Combinator, warned that there may be funding hurdles for startups in the future as a result of Facebook’s less-than-dynamic initial public offering performance.
There’s that elusive Facebook effect, ramping things up again. This time, it’s the economy. It’s unwittingly urging new startups to sprout, just by existing, and by being very well liked by the masses. Geez, we may soon be calling ourselves the innovation nation.
Some people still call Facebook a startup. At what point does that label no longer fit?
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Facebook wants to see more social applications coming from Europe and has partnered with Seedcamp to make that happen.
Two applications from WhoWish allow people to trade goods, barter style.
Facebook confirmed it has hired the three founders of the recruitment focused startup Pursuit: Louis Eisenberg, Russ Heddleston and Nicholas Letourneau.
One of the original co-founders of Facebook, Eduardo Saverin, led the $8 million in venture financing of Qwiki. Calling this startup a maker of web query software oversimplifies the curated multimedia presentations that the Internet search tool produces. But because it seems like an obvious improvement over Google, we wonder how this innovation might benefit the leading social network.