Facebook

Hey guys! Since next week is finals week for me, I thought this article could give me (and you guys too) an idea of why classes are so important! Remember that post on strange classes? Well it turns out that some of them could be pretty beneficial. This article talks about the “Facebook Class” at Stanford University. This proves to show that sometimes if you just pay attention and attend class you might stumble upon some ideas that could make you a fortune!

Here are some students from the class to give you some motivation!

from the San Francisco Chronicle

The app: Send Hotness. Users send points to attractive friends and compare their own “hotness” rankings.

The results: Send Hotness raked in $3,000 per day, generating $1 million in advertising revenue throughout the semester.  The trio sold their app, which had 5 million users, for 6-figures.

What they do now: De Lombaert and Baker now run social network site Friend.ly. Onsager is working in Japan for Happy Elements.

During the semester, Dan Greenberg and Rob Fan’s app (now called Sharethrough) made $100,000 per month.

The app: Sharethrough. The app initially allowed users to send virtual hugs. It then expanded to kisses, pillow fights, and 67 other digital interactions.

The results: During the term, Greenberg and Fan’s app made $100,000 per month in advertising revenue.

What they do now: Greenberg is CEO of the company, which is now called Sharethrough. Sharethrough has raised $6 million in venture capital and has employed many of the Stanford Facebook classmates.

Johnny Hwin’s class app wasn’t very successful, but he later sold a Facebook marketing tool for millions of dollars.

The app: LOVECHILD. Created by Johnny Hwin, Randal Truong and one other student, users create and raise digital children.

The results: It wasn’t successful, but Hwin’s next project two years later, Damntheradio.com, was.

What they do now: Hwin sold Damntheradio.com, a Facebook marketing tool that unites musicians and fans online, to FanBridge for a few million dollars.

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5 Responses to Facebook

  1. haleyzh says:

    This is extremely interesting. Great way to make money!

  2. Stephen Doyle says:

    Its amazing how these simple apps can gain so much revenue in such a short time.

  3. Great article! We will be linking to this great post on our site. Keep up the good writing.

  4. Good article. I am going through some of these issues as well..

  5. May I just say what a comfort to find an individual who really understands what they’re talking about over the internet. You actually realize how to bring a problem to light and make it important. More and more people really need to check this out and understand this side of the story. I was surprised that you’re not more popular given that you definitely possess the gift.

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