Facebook in 6-18 months – still hot?

We’re looking around at new applications we can build here at InGenius, and of course, we’re looking at Facebook. One of the neatest things I’m finding about Facebook is the Applications you can load. I tend to keep an eye on my Facebook friends – and checking out what apps they are loading and deleting. The apps tend to be all over the map, from little graphical widgets, to complete, complex applications. It’s a nice thing that Facebook has done better than Flickr, MySpace, et al.

But, how long is Facebook going to be around, and be king? I’ve talked to a few people lately who say they are moving AWAY from Facebook! It was taking up too much of their time, and they weren’t getting much out of it aside from browsing photos. A year ago, we would have been considering doing an app for MySpace – but that isn’t even on our radar now. I’m wondering, is Facebook peaking now? If we’re going to spend the money developing an app, is Facebook the way to go? What will be next?

And, let me know if you find any cool Facebook apps – especially telephony ones!

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One response to “Facebook in 6-18 months – still hot?”

  1. Stephane Grenier says :

    Hi Rich,

    Here’s an article that was just recently published about FaceBook apps: http://www.johnchow.com/facebook-developers-make-great-apps-not-money/

    The summary is that Facebooks apps aren’t making money. Is it because the developers don’t know how to monetize them? That probably doesn’t help. But the fact that none of the nine who presented in the article aren’t making any real money says something. When the leader is making $5/day…

    Maybe there is a market, maybe not. In either case I thought you’d be interested to know about this article.

    Regards,
    Steph

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