{"id":2104,"date":"2008-01-11T21:55:30","date_gmt":"2008-01-12T02:55:30","guid":{"rendered":"http:\/\/www.mathewingram.com\/work\/2008\/01\/11\/what-is-a-facebook-app-worth\/"},"modified":"2008-01-11T21:55:30","modified_gmt":"2008-01-12T02:55:30","slug":"what-is-a-facebook-app-worth","status":"publish","type":"post","link":"https:\/\/mathewingram.com\/work\/2008\/01\/11\/what-is-a-facebook-app-worth\/","title":{"rendered":"What is a Facebook app worth?"},"content":{"rendered":"<p>Allen Stern of Centernetworks has a post up about how to get rich &#8212; theoretically at least &#8212; by <a href=\"http:\/\/www.centernetworks.com\/facebook-app-make-millions-quick\">coming up with<\/a> a popular Facebook app. The numbers he has are from Adonomics (formerly Appaholic), an advertising analytics service aimed at Facebook developers, which is owned by a venture fund called Altura (&#8220;the first only-Facebook VC&#8221;). Adonomics will also guarantee a certain number of installs of your app for a fee.<\/p>\n<p>According to Adonomics, the top Facebook app is FunWall, with 22 million installs and 3.6 million active users &#8212; or 16 per cent of the total. It&#8217;s not clear how the service defines active users. This app, according to Adonomics, is worth almost $30-million. If you do the math, that works out to about $8 per active user. Where does Adonomics come up with this figure? That&#8217;s also not clear. Apponomics is <a href=\"http:\/\/adonomics.com\/faq.php\">more than a little<\/a> coy about the methodology behind its calculations.<\/p>\n<p>I&#8217;m betting the numbers come from a place in Silicon Valley known as &#8220;Thin Air.&#8221; Is a Facebook app worth something? Sure it is. But is FunWall in any real sense &#8220;worth&#8221; $30-million? Maybe in some alternate universe. As an example of how Adonomics does math, the site <a href=\"http:\/\/adonomics.com\/\">says that<\/a> Facebook has 60 million active users and a valuation of $18 billion, which &#8220;translates to $300 per active user.&#8221; Except that valuation for Facebook is hypothetical, and as a result virtually meaningless. (The script the company uses also <a href=\"http:\/\/adonomics.com\/faq.php\">likely violates<\/a> Facebook&#8217;s terms of use).<\/p>\n<p>Jeremy Liew of Lightspeed Partners says there are <a href=\"http:\/\/lsvp.wordpress.com\/2007\/07\/03\/four-factors-determine-how-much-a-facebook-app-is-worth\/\">a number of factors<\/a> that determine what a Facebook user is worth. Greg Thomson of Toronto has developed a number of apps &#8212; including My Aquarium &#8212; and says he now has more than 8 million installs. In <a href=\"http:\/\/www.youtube.com\/watch?v=-jv3FhznYPE\">this video<\/a> from FacebookCamp, he says an active user is worth about $3 per year. Favourite Peeps was worth <a href=\"http:\/\/www.insidefacebook.com\/2007\/06\/25\/another-facebook-app-acquisition-slide-buys-favorite-peeps-for-60k\/\">4.5 cents per user<\/a>, while RockYou says it thinks the average app user <a href=\"http:\/\/www.techcrunch.com\/2007\/07\/27\/how-much-is-a-facebook-user-worth-at-least-030\/\">could be worth<\/a> between 30 cents and a dollar.<\/p>\n<div class=\"syndication-links\"><\/div>","protected":false},"excerpt":{"rendered":"<p>Allen Stern of Centernetworks has a post up about how to get rich &#8212; theoretically at least &#8212; by coming up with a popular Facebook app. The numbers he has are from Adonomics (formerly Appaholic), an advertising analytics service aimed at Facebook developers, which is owned by a venture fund called Altura (&#8220;the first only-Facebook &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/mathewingram.com\/work\/2008\/01\/11\/what-is-a-facebook-app-worth\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;What is a Facebook app worth?&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_crsspst_to_mathewingramblogwordpresscom":false,"mf2_syndication":[],"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[1],"tags":[],"class_list":["post-2104","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/mathewingram.com\/work\/wp-json\/wp\/v2\/posts\/2104","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mathewingram.com\/work\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mathewingram.com\/work\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mathewingram.com\/work\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mathewingram.com\/work\/wp-json\/wp\/v2\/comments?post=2104"}],"version-history":[{"count":0,"href":"https:\/\/mathewingram.com\/work\/wp-json\/wp\/v2\/posts\/2104\/revisions"}],"wp:attachment":[{"href":"https:\/\/mathewingram.com\/work\/wp-json\/wp\/v2\/media?parent=2104"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mathewingram.com\/work\/wp-json\/wp\/v2\/categories?post=2104"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mathewingram.com\/work\/wp-json\/wp\/v2\/tags?post=2104"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}