DISQUS

Sebastian · 2 years ago

Hey Nick,

It's early days yet and I think we're going to see an acceleration of new apps as more developers test the waters and established developers get into their 2nd and 3rd apps. This next iteration of apps is going to be more efficient and likely more profitable.

Down the road (6 months, a year?) I foresee a wave of consolidation as the cost of developing a (good) app that stands out of the crowd becomes more and more expensive (and likewise, the rewards become bigger and bigger).

The investment in our first app, Up4, was quite large compared to most apps currently on the market, mostly because we spent a long time working on providing real utility for users rather than creating yet another pyramid marketing-schemey app. However, it was still a fairly low investment. Fast forward a year from now that will likely change as the landscape will be much more competitive.

Love the blog, keep it up!

Cheers,
Sebastian

Mark Evans · 2 years ago

I think there will still be plenty of applications developed for Facebook if only because the barriers to entry are low. That said, only a very small handful will actually resonate with Facebook users.

Mark · 2 years ago

I think each and every Facebook app that has been developed, or will be developed, is worth $10M (or more) each. And they will only increase in value.
I'm sorry, I thought I was Lee Lorenzen for a minute!