Summary:

Couple of interesting macro developments in the micro-industry: A few Facebook-resident widgets (or gadgets, if you so insist) have been bou…

Couple of interesting macro developments in the micro-industry: A few Facebook-resident widgets (or gadgets, if you so insist) have been bought out by relatively bigger companies. For instance: a Facebook-only application Favorite Peeps was acquired by slideshow creator Slide; and Extended Info app was acquired by travel startup SideStep. So in essence, a small Facebook economy is emerging, a bit like the big MySpace economy (which resulted in one, Photobucket, being bought for $300 million by MySpace). This post on RWW looks at whether this Facebook economy is sustainable: “With more than 38,000 developers already using the Facebook Developer app…buying popular apps is a good way for companies looking to get into the Facebook ecosystem to screen developers.”

Then, in a similar vein, though Google-style, Google has started a “Google Gadget Ventures” program, where it will fund third-party widget/gadget developers who develop apps for its iGoogle personalized homepage service. “$5,000 grants for gadget developers who want to invest time making their already successful gadget even better, and $100,000 seed investments for new gadget-related businesses.” More details in the Google blog post here, and funding FAQs are here.

You’re subscribed! If you like, you can update your settings

Comments have been disabled for this post