Earlier quoted context omitted.
you and me both. I also question the so-called diligence of VCs who invested in fb app developers believing a viable and sustainable model existed. Why? Here are a few of my reasons: 1. social flight 2. arrogant leadership (i'm CEO bitch) 3. unstable platform in regard to design changes (fb is fb, it's not an OS). Now, I certainly feel a few indies and bootstrappers can make a great salary... but 10:1 return is high-…
I think the app market is barely in its infancy. F'rinstance, why hasn't Vue subclassed the FB Event app to create a cinema trip event that automagically books your ticket? Or Dominos to order pizza for my 'Night of Mayhem'? That's where the value will come from. These all seem so obvious to me...
Similarly, this is why I feel AAPL has gained market share, while MS lags behind tripping over LEGACY support while attempting to please every need of their customer base. And another example is 37signals.
However, like I said... my opinion might be bias. It's hard for me to be objective about Facebook given my distaste for it's recent shifts, and having loved the former.