Facebook Oops: fbFund Starts Over

Facebook today said they’re scrapping all fbFund submissions sent in via email since Mark Zuckerberg announced the grant for application developers last month. Instead of email, Facebook is implementing a new system that consists of a submission form. Read/Write Web explains:

Standard statements were added to the grant program concerning privacy and competition; Facebook won’t guarantee that your application will be kept private or that they won’t build the same thing themselves. Those may not be shocking revelations but the risk that Facebook may develop the same functionality that you have is something that the top app developers have to live in fear of.

Facebook is clearly learning as they go. The platform and company in general are likely to someday be seen as far less revolutionary or effective as they are often said to be today. The newsfeed is just RSS without the acronym and less functionality; the platform is just a highly controlled API effectively leveraged by only a handful of elite apps on an otherwise airtight social network.

See text of the email sent to developers at CenterNetworks.

2 Responses to “Facebook Oops: fbFund Starts Over”

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