Thursday, July 24, 2008

BaconMarathon was at F8 yesterday...

...and here are the take aways.

The BaconMarathon opinion of the state of the Facebook Partner Platform:

Year 1 = a ton of abusive applications taking advantage of the fb tools that were provided

Year 2 = will be about creating engaging 'real' applications by playing by the rules to build user trust and focusing on engagement

Year 3 = making money. So much talk about needed payment systems, etc.

The new Facebook user experience is all about the 'news feeds'. When we started top3Clicks the news feed was really the 'third' option behind the emails and notifications for getting the word out to friends on what is going on.

In the business track, Mark Pinkus and panel had some great advice for the young entrepreneurs:

1. If you are building an app on Facebook today you are way ahead of everyone out there today.

2. F8 feels like the first Internet World back in 1995 (we were there and agree!)

3. If you go to Yahoo's front page there will probably be an fb app for every link on that page by next year.

4. Make something engaging and use the social graph as a 'tool' to achieve viral-ness. don't make something viral then figure out engagement.

5. Good VC's focus on the team first and the idea second.

6. Ship often and learn <-- something we learned many many years ago.

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