As you know by now, Linking Universe is nearly finished developing the first true business application for the Facebook community. We are seeing a lot of opportunity in the Facebook environment and have high hopes for our ability to succeed based on our research and market evolution.

Take for instance the article posted at CenterNetworks this week. Written by Allen Stern, the article discusses the lucrative valuations of the most popular Facebook applications.

The article is irreverently titled ‘Screw Winning the Lottery - Just Make a Facebook App and Get Your Millions Now!’. Stern compares the opportunity in building Facebook applications to winning the lottery, but speculates that the odds are better if you build for Facebook.

Stern references Adonomics, a Facebook analytics company that tracks application usage and has assembled a list of top apps and their valuation. Of particular interest is Stern’s recognition that there are 71 Facebook applications listed with a valuation of over one million dollars. The top ten are over 5 million, with the number-one spot suggesting a valuation of just over 28 million.

While these numbers are speculative, and subject to some scrutiny, they are based on an algorithm that includes potential ad revenue. In support of the valuations offered, an anonymous reader claims to be a developer for one of the apps ‘high in the list’, and says that their expected ad revenue for the coming year will be in the millions.

Linking Universe is excited to be a part of the Facebook community. We feel that our application is uniquely positioned to rise among the leading apps because we are the first full-featured business application with legitimate value. And while throwing sheep at each other is fun, we feel that legitimate business tools will appeal to the greater population of Facebook, and that Linking Universe will continue to succeed as users migrate from simple social networking to Business Relationship Management.

Click Here to find the article online.

Bookmark to:

This entry was posted on Tuesday, January 15th, 2008 at 6:14 pm and is filed under Interest, Research. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.