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Facebook platform developers could see $500M in revenue this year
- spaghetti 17y agoIn other news Microsoft employees could see Linus Torvalds around campus in Redmond attending Windows 7 Evangelist training.
- spolsky 17y agoI finally figured it out. When reading headlines, s/could/won't/g and s/\?$/? No./g
- edw519 17y agolol - very good, Joel. Perhaps the seed of a new Fog Creek product, "Forum Scrubber".
- bemmu 17y agoBack of the envelope calculations are fun. I think a typical app will make $1-$10 (ad based vs. virtual currency based) per month for each 1000 monthly active users. Let's say about 20% of apps are virtual currency based, so $2.8. The top 20 apps on facebook have total 179M active users, so they would make $6M per year. If the top 20 accounts for 50% of traffic, that would pin total Facebook app earnings to $12M/year. If I recall correctly, Joel has once said that the cost of office space accounts for something like 6% of their revenue. At another time I think he mentioned their new office costs $50000/month, so their revenue would be $10M/year. So Fog Creek software makes as much as all apps on Facebook combined?-) Edit: Read the article. Even Zynga alone seems to be making more than my whole estimate. Oopsie.