Facebook investors ready with checkbook

Facebook’s backers have created a $10 million fund to dole out in chunks of $25,000 to $250,000 to people who create cool new Facebook applications. As I’ve noted before, I enter all marketing-related contests (here on AdFreak, at least), and I could really use money to support ... whatever I choose to do that would cost between 25 and 250 G’s. Facebook grand poobah Mark Zuckerberg (shown here) is “looking for innovative and disruptive things.” Here’s my idea: Facebook ad-serving software that only serves MySpace, and vice versa, allowing both sites to thrive in perpetuity by creating the Web’s first social networking duopoly. (Eat it, LinkedIn!) Or else some widgets that look like me and scream stupid stuff like “Bogus!” each time members get too cutesy in their profiles. I could make that happen for $25K, no problem.

—Posted by David Gianatasio

September 19, 2007 | Permalink