The Facebook economy

Great article from Business 2.0 Magazine that focuses on how developers are making money from Facebook applications.

“… some startups are positioning themselves as Facebook app factories. “Netscape browsed the Web, Yahoo organized it, Google searched it, and now Facebook has made it social,” says Seth Goldstein, co-founder of SocialMedia, a small shop in Mill Valley, Calif., that’s already turned out such Facebook hits as FoodFight (throw a virtual lobster at your buddy) and Happyhour (send that buddy a cocktail).”

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