fbFund Gives Financial Awards To Facebook Apps

As someone who’s not too fond of Facebook applications, I must say that this development reminds me of Monty Python’s “Upper Class Twit of the Year” sketch.  But it’s likely that, by paying people to develop apps, the newly founded fbFund is trying to undo such associations.
fbFund Gives Financial Awards To Facebook AppsMercury News, Facebook’s Mark Zuckerberg stated, “We are just looking for innovative and disruptive things.  We don’t think we can build all these applications ourselves.”

That’s a reasonable attitude to take.  Zuckerberg also took a reasonable approach to forming the fbFund; grants provided by it will range in value from $25,000 to $250,000, and will come out of a $10 million pot created by Facebook,