February 13, 2009

Happy Almost Valentine's Day

There’s still time to send a virtual gift and fun wishes to everyone you care about.

 In addition to the Valentine’s Day gifts Facebook recently started promoting, here are a couple apps to give you other options:

1.    Send Valentine Chocolate by Holiday Apps

    Send_choc

2.    Valentine Love Hearts by Martin Wee

    Valentine_Love_hearts

3.    Send Cute Hearts by appwaalas

    Send_cute_hearts_new  

4.    Send Roses by Rose Lovers, Inc

      Send_roses_small

5.     Hug Me by Jambool

    Hug_Me 

Have a great one!

 

Post by Thais Luporini

Follow SocialCash on Twitter and become a fan on Facebook!

 

February 11, 2009

Profile of the Week - Reza Hussein

Reza Hussein Reza Hussein is the Co-founder and CTO of jambool, the company behind many leading apps on Facebook and other social platforms including Send Good Karma and Hug Me. They’ve recently launched a virtual economy platform, and we wish them continued success with this new shift!   

 

      1)   I majored in: Computer Science

2)   I'm most well-known for: Being the co-founder & CTO of Jambool (aka Social Gold)

3)   How did I end up in WA?: I moved to Seattle for my first job out of college.

4)   One thing about me few people know: I taught COBOL as a TA in graduate school. 

5)   If I were a super hero, I'd be: Superman. That'll help me get things done faster.

6)   The thing I love most about my job is: Getting to build a really cool technology product and getting to meet smart & interesting people.

7)   Website worth checking out: http://www.teachstreet.com

8)   Best candy: Sour Jelly Beans

9)   Awesome trip: 2 weeks covering Switzerland, Italy, Germany & Austria in 2005. We rented a car and drove everywhere. 

10)   Favorite Facebook app: shameless plug: Send Good Karma 

11)   3 gadgets I can't function without: MacBook Pro, cell phone, PVR

12)   My future plans include: Travel to all the other continents I've never been to (Antarctica,South America & Africa)

13)   In 2007 I: Quit my cushy job to co-found Jambool.com

14)   In 2008 I: Built Jambool into a Top 20 Facebook app company and created Social Gold

15)   In 2009 I: Plan on making Social Gold successful

 

Post by Thais Luporini

Follow SocialCash on Twitter and become a fan on Facebook!

February 09, 2009

FB Weekly

Below are the top stories from last week.

 

Facebook Platform

 

Headline: Facebook opens status, notes, links and videos to apps and the web

Source: Venture Beat

 

Headline: TechCrunch Interviews Facebook COO Sheryl Sandberg At Davos

Source: Tech Crunch

 

Headline: On The Eve Of Its Fifth Birthday, A Facebook Design Retrospective
Source: Tech Crunch

 

Headline: Facebook Turns 5 Years Old - A Look at Facebook Through the Years

Source: Inside Facebook

 

Headline: Google Trends: Facebook Surpasses MySpace in US Search Volume For the First Time

Source: Inside Facebook

 

Headline: Facebook Has Over 4 Million Daily Mobile Users

Source: AllFacebook

 

Headline: Maryland General Assembly Bans Myspace And Facebook

Source: Silicon Alley Insider

 

Headline: Fastest Growing Demographic on Facebook: Women Over 55

Source: Inside Facebook

 

Headline: 10 Privacy Settings Every Facebook User Should Know

Source: AllFacebook

 

Developers/Apps

 

Headline: Mob Wars Comes to the iPhone

Source: Inside Social Games

 

Headline: Exclusive: Singaporean Facebook Game Developer TYLER Projects Discusses Revenues, Demographics

Source: Inside Social Games

 

Post by Thais Luporini

Follow SocialCash on Twitter and become a fan on Facebook!

February 05, 2009

How many users will Facebook have by the end of '09?

Facebook recently went meteoric in the way of reaching 150mm users.  For the past few months, they’ve been adding 10mm+ active users and there’s no sign that this will slow down anytime soon. 

In a recent interview with Tech Crunch’s Michael Arrington, Facebook’s COO Sheryl Sandberg shared that they’ll soon be announcing a new functionality to the platform, allowing users to add more friends than you could ever imagine. This will probably add even more digits to their total number of users, and we’re curious to see what kind of numbers they’ll reach as the year progresses.

 

One interesting thing about Facebook’s growth is that most of it has come from outside of the US.  As pointed out by our friend Justin Smith at InsideFacebook, some countries have seen well over 1000% growth in recent months.  At Socialcash, we’re focusing 100% of our time on Facebook and believe that the Platform will continue to grow around the world. 

 

I asked around for people’s guesses on what they thought those numbers would look like by the end of 2009, and below are their predictions. Whoever comes closest, at the end of the year, will get a fun prize!

 

What’s your guess? Stay tuned…

 

 

Who’s guessing

# of FB users by the end of 2009

Paul Love, President & Senior Vice President of Business Development at BigDates

249,000,000

 

Marilyn De Jesus, our Director of Sales

250,000,000

Greg Mazanec, our Delivery Consultant

250,000,000

Portman Wills, our VP of Engineering

295,000,000

Abby Lauterbach, Project Manager at Buddy Media

303,000,000

Nick O’Neill, AllFacebook Founder

304,500,000

Justin Smith, Inside Facebook Founder

305,000,000

Dan Birdwhistell, our Creative Director

309,000,000

Guru Raj, our Director of Online Ad Delivery

340,000,000 – heaviest growth coming in Asia

Siqi Chen, CEO of Serious Business

350,000,000

Elizabeth Hebda, our Account Manager

365,000,000

 

Post by Thais Luporini

Follow SocialCash on Twitter and become a fan on Facebook!

February 04, 2009

Profile of the Week - Hooman Radfar

Hooman Radfar

Hooman is the CEO & Co-founder of Clearspring technologies, one of the leading technology companies in the Washington, DC area.   Just in case you haven’t heard of them, Clearspring is the leading provider of widget services, where Radfar leads platform marketing and strategy initiatives. Clearspring and SocialCash work together on engaging users on Facebook Applications for some of the world’s top brands.   

1)     I majored in:  BA Econ/BS Comp Sci/MS Electrical and Computer Science

2)     I'm most well-known for: being CEO of Clearspring

3)     How did I end up in DC? Moved my company here to get financed.

4)     When I'm not at Clearspring, I’m: On the road.

5)     One thing about me few people know:  I have 8 years of studio art training.

6)     If I were a super hero, I'd be:  I am a superhero.

7)     The thing I love most about my job is: Working with smart people to invent our world.

8)     Website worth checking out: Selfless plug: www.widgify.com

9)     Best candy: Raisinettes

10)  Memorable trip: First time I went to Silicon Valley and visited the house where HP started.

11)  Favorite Facebook app:  Mob Wars

12)  3 gadgets I can't function without:  Laptop, Blackberry, Pen

13)  My future plans include: Smiling and enjoying life.

14)  In 2007 I: Helped create the first widget sharing and tracking platform.

15)  In 2008 I: Made it the world’s largest widget platform.

16)  In 2009 I: Want to surprise people.

 

Post by Thais Luporini

Follow SocialCash on Twitter and become a fan on Facebook!

February 02, 2009

FB Weekly

Let me introduce you to something I’ve been working on internally that I think you might find useful. Starting today, I’ll be posting a list of the top Facebook related stories every week, containing all the news from the week prior. Hope you enjoy it; feel free to send suggestions along.

 

Facebook Platform

 

Headline: What Will Facebook Do to Stop New Scams?

Source: AllFacebook

 

Headline: Facebook Launches Polling Engagement Ads

Source: AllFacebook

 

Headline: 10 Things All Businesses Should Do to Market More Effectively on Facebook

Source: Inside Facebook

 

Headline: The 25 Most Popular Facebook Fan Pages

Source: Sillicon Alley Insider

Headline: Facebook Makes Photo Comments Opt-Out

Source: AllFacebook

Headline: Facebook Should Surpass 160 Million Users Today

Source: AllFacebook

 

Developers/Apps

 

Headline: Facebook App Weddingbook Acquired by TheKnot
Source: Mashable

 

Headline: Social Gaming Dominates the Facebook Platform

Source: AllFacebook

 

Headline: Developers of Facebook’s Battle Stations Making $40,000 Per Month with 70,000 Monthly Players

Source: Inside Facebook

 

Headline: Jambool Focused on Payments Platform for Virtual Goods, Launches Payments Widget for Facebook Applications

Source: Inside Facebook

 

Headline: Buddy Media Goes Hollywood with Latest Facebook Application

Source: AllFacebook

 

Headline: Living Social Adds Facebook Connect Support

Source: AllFacebook

 

Headline: 40% of MouseHunt Users Return Every Day - Q&A with fbFund Winner Joel Auge
Source: Inside Facebook

Headline: LivingSocial Adds iPhone App Reviews to its Facebook Apps

Source: AllFacebook

 

Headline: $2.99 Printed PhotoBooks Now Available On Facebook: HotPrints

Source: Tech Crunch

 

Post by Thais Luporini, follow SocialCash on Twitter and Facebook

January 29, 2009

PhotoBooks Make Great Gifts

HotBook

I was anxiously waiting for someone to come up with a photo printing service on Facebook, to take advantage of the numer of photos that are posted on the platform every day. Got really excited to come across Tech Crunch’s post about HotPrints, an app that lets you create fun photobooks for only $2.99.

According to Michael Arrington, “a quiet beta test of the application has shown that users love it, the company says, and once a user tries it once they average more than three purchases for themselves or as gifts.”

Check it out!

January 05, 2009

Profile of the Week - Eddie Frederick

 Eddie

Meet Eddie Frederick, president and co-founder of LivingSocial, "a social discovery and cataloging network" that allows you to rate and compare your favorite books, movies, music, restaurants and even beer. He's an expert in NYE fashion and can often be found with bourbon in one hand and an iPhone in the other. We'll let him tell you the rest.

1)    I majored in: Mathematics and Computer Science.

 

2)    I'm most well-known for: Blow-drying my hair daily, co-founding LivingSocial.

 

3)    How did I end up in DC? Osmosis: I went to college nearby and landed my first job in DC. I considered moving to NYC or SF several times, but DC has its hooks in me now.

 

4)    When I'm not "Living Social" I’m: Mostly excessive daydreaming... err I mean engaging in creative visualization.

 

5)    One thing about me few people know: I gained about 80lbs as an undergrad. I was extremely skinny in high school.

 

6)    If I were a super hero, I'd be: The Six Million Dollar Man, although I'm not sure $6M USD gets you very far in 2009.

 

7)    The thing I love most about my job is: Working with a group of friends I trust and respect, none of which I wish would be fired.

 

8)    Website worth checking out: http://failblog.org/

 

9)    Best candy: Candy is for children and the infirm.

 

10)  Unforgettable trip: The 24-hour last-minute trip to Las Vegas with Aaron Batalion (LivingSocial) and Dan Birdwhistell (SocialCash). Dan managed the entire trip - including flights - without valid government issued ID. I can't really go into other details here, but ask me about it after a few bourbons.

 

11)  Favorite Facebook app: The Developer application - many of my most prized possessions live there.

 

12)  3 gadgets I can't function without: iPhone, Macbook Pro, Shure SE420 earphones. If you're still using the stock iPod earbuds, you're ruining your quality of life.

 

13)  My future plans include: Strangely enough, I haven't been spending much time fantasizing about future personal plans. I think this means that I finally have my hands full in the present!

 

14)  In 2007 I: developed severe eye strain launching RevolutionHealth.com, created Visual Bookshelf, and co-founded LivingSocial. 2007 took 15 years off of my life.

 

15)  In 2008: I built a ton of Facebook apps, worked to raise our Series A, moved from Georgetown to Dupont, cultivated LivingSocial, and met lots of new colleagues and friends.

 

16)  In 2009: I will wake up with a champagne hangover, no doubt.

 

 

Post by Thais Luporini, follow SocialCash on Twitter and Facebook

Happy New Year, Everyone!

The SocialCash team wishes everyone a happy, healthy & prosperous 2009. Thanks for your continued support and stay tuned for exciting things ahead…

Cheers!

 

December 29, 2008

Interview of the Month - Mike Germano of Carrot Creative

Mike Germano pic    

Mike Germano is the President, Creative Director and Fire Marshall of Carrot Creative, a new media agency out of Dumbo, Brooklyn, that has a unique approach to creating/reshaping their clients’ online brand identities from top to bottom. They’ve worked with MLB.com, JC Penney, and CBS just to name a few. Mike enjoys striped ties and giant foam bats. Read below as we discuss all things Carrot, marketing, and the future of Facebook.

SC: When did you start Carrot Creative?

MG: Carrot started in 2005, in the basement of the house at which we were staying when we were in college. We started it towards the end of college and were able to convince the deans of the business school [at Quinnipiac University] to give us internships. We had our other business partner who was at RIT pretending to be our advisor, so it was kind of a shell game.

SC: Was there a turning point when you realized carrot was really taking off?

MG: I believe the turning point was when we solely focused on developing social media tools. We were originally based in Connecticut and it wasn’t really where social media was. We found ourselves making more and more websites and not really taking advantage of our social media skills. So focusing on building those services in 2007 was really our turning point.

SC: Besides Major League Baseball who I know you were very excited to work with, who is your dream client?

MG: We’ve gotten very lucky since MLB was indeed our dream client [check out http://apps.facebook.com/mlbfanbook/?ref=ts], but would’ve loved to have worked on the Obama campaign. We’re really excited to be working with Crayola and with CBS on their civic journalism project. We also just structured a partnership with Weber Shandwick, one of the largest PR firms, and will be doing a lot of their social media work. They have a lot of great clients and we’re excited to take a crack at it.

SC: What brands are doing social media right?

MG: I think the brands that are having the most success are brands that people already have a connection with. What we are seeing in the initial phases of social media for brands is profile tattooing, where people are willing to wear that image and what that brand represents, whether it be on an app or sending a bumper sticker or a digital gift. The brands that have an advantage are the ones that people already believe in that are now being turned into a form of self expression online. Some good examples are what Converse was able to do, clearly Stephen Colbert, and from a product standpoint, Dell.

SC: What are they doing that puts them ahead of the curve?

MG: I think it’s the willingness to take a risk. We’ve dealt with numerous companies that were hesitant to give up control of their online image to users, which is clearly where the marketing industry is headed. The ones that will take advantage of it will be the ones willing to take risks. 

SC: If a company had limited resources, what is the one social media tool they choose to employ above all others? Why?

MG: If a company didn’t want to go out to one of the big agencies, then at the very least they should be securing a Facebook fan page, a MySpace page and putting their information up there. I’ve been pushing blogs a lot, it’s a great way to lay the groundwork to show that your company is willing to be open and have a conversation with the public. In the late 90s your company had a website, and now your company has to be accountable to clients and customers online.

SC: Who is a role model of yours in the social media space? Why?

MG: Gary Vaynerchuck is doing it the right way. I’m just really impressed all around with how he is marketing himself and his brand. I think, clearly, he’s gotten people online talking about wine. He’s gotten them excited and built a community. He’s the Howard Stern of wine.

SC: Do you think Facebook can survive on an advertising based revenue model? Can it do more than survive?

MG: Facebook has absolutely no problems at all. They do not need to worry about another monetization solution right now; they clearly have enough cash in the bank to keep their operations going. They might not be turning a profit, but they have a great online community and they set up their advertising platform beautifully.  Building a superior platform that no one can compete with is their primary business, as well as getting people on Facebook and keeping them there. If they become the key player, they’re going to find numerous ways to make money.

SC: Do you see Facebook as the hub of social networking one year from now? Will FB Connect make an impact on the rest of the web? Google OpenSocial/FriendConnect? Other data availability portals?

MG: Facebook right now is that hub and I think it will remain that hub. If you look at what MySpace and Facebook have done in terms of features and their respective platforms, it’s night and day. MySpace is growing its media presence, but Facebook is adding more and more features to connect people and let them express themselves through things like applications. Facebook Connect will just be an extension of that. Facebook is already the key player here, and I don’t see other social web service that will challenge them for the time being.

SC: Awesome, thanks Mike!

 

Interviewed by Josh Backer

Post by Thais Luporini, follow SocialCash on Twitter and Facebook

December 26, 2008

We're Bringing Gorilla Back

Bringing gorilla back 

 

Conferences are good for networking, putting faces to names, as well as great opportunities to close business deals and get the latest update on industry trends from the experts themselves. And speaking of conferences, we have many great memories of the ones we had the opportunity to attend this year. Our mascot's appearance at F8 this past summer, rocking out the Dave Morin Fan Club shirt, was definitely a memorable moment for the team.

  

On that note, if you haven’t started planning for conferences you’ll be attending next year, the Mashable’s Tech Events Guide is a great way to start.  There are a lot of upcoming events to keep on the radar depending on your interests. In addition to the ones you’ll find on Mashable’s list, here are two that are worth checking out:

 

1.    Social Networking Conference - Jan 22-23

http://www.socialnetworkingconference.com/

 

2.    Engage! Expo - March 10 – 11

http://www.engageexpo.com/

 

SocialCash gorilla sends its warmest regards!

 

 

Post by Thais Luporini, follow SocialCash on Twitter and Facebook

December 22, 2008

Profile of the Week - Elizabeth Hebda

Heb profile

Let me take you behind the scenes. Hebda is an Account Manager here at SocialCash, and is in daily contact with developers who are entering/have been part of/or are just curious about our monetization galaxy. She owns a collection of 100+ stickers and enjoys drinking tea in the afternoon. If you don't recognize the face, you'll most likely recognize the humor.  

1) I majored in: Foreign Affairs and Art History

2) I'm most well-known for: Managing developer accounts at SocialCash. And being the office’s Sticker Bandit. You remember Sandylion and Lisa Frank.

3) How did I end up in DC? I’ve been living in and around the District since I was 2. High school here, college in Charlottesville, now settled in Arlington, VA. After 22 years, my friends are just now starting to become desensitized to my antics – no way I’m pulling out now. Plus, Mom would be sad if I stopped coming to Sunday night football dinners at the compound.

4) When I'm not cruising in the SocialCash sub I: Write, enjoy DC adventures with CK/KC/TL etc., stay tuned into Gossip Girl’s most current love triangle. I am Chuck Bass.

5) One thing about me few people know: I plan on wearing my plaid snow boots for the entire month of January. Actual weather patterns mean nothing to me.

6) If I were a super hero, I'd be: Nancy Drew.

7) The thing I love most about my job is: When you wake up in the morning excited to start your day, you know you’ve got a great thing going. I love what surrounds me: constant innovation, creative minds, people that inspire and make me laugh until I cry/am on the verge of breaking a rib.

8) Website worth checking out: http://dailycandy.com; http://jcrew.com à puffer vest, please. I already have the green one. I wear Medium.

9) Best candy: Red Swedish Fish. And Candy Corn. Halloween leftovers up to 95% off at your local CVS!

10) Unforgettable trip: Touring Athens, Rome, Florence, and Venice during my junior year of high school. My art history class went on a 10-day seeing spree. I’ll never forget the architectures, poppy fields of Tuscany, brick-oven pizza and gelato, and visiting the ruins of the world’s very first shopping mall.

11) Favorite Facebook app: NatalieDee daily feed. And Pittsburgh Steelers Fans. I love it when Hines Ward smiles.

12) 3 gadgets I can't function without: alarm clock, my iPod (a green mini circa 2003), Pentel’s EnerGel Liquid Gel Ink pens.

13) My future plans include: Smiling more each day than the one before. Charting a yacht around the Greek Isles.

14) In 2007 I: Was slightly corporate, started needing coffee, saw Justin Timberlake for the 5th time.

15) In 2008 I: Began my SocialCash love affair, ate sandwiches & read by the pool, learned how not to deal with Virgin America customer service.

16) In 2009 I: Will work on my sleeping habits, go to Louisiana for a crawfish broil, look forward to the season premiere of LOST.


Post by Thais Luporini, follow SocialCash on Twitter and Facebook

December 19, 2008

Holiday Fun at the Office

Chimp and crazy cats      

Let me introduce you to the crazy cat lady, who was recently added to Jordan Levy’s action figures collection, and to the lovely desktop chimp named Bono, who has found himself a new friend.

We recently had our Secret Santa/Yankee Swap here at the office and had an awesome time, as well as interesting gifts to take home. We're a creative bunch and in addition to the ones featured above, the gifts ranged from a diamond paper weight to a Sushi set. Among the many favorites were a Chess set, a chocolate cake, a Jumbo Universal remote, a Dark Knight DVD, and a gift card to a popular juice shop close to our office.

Special thanks to Jessica Murphy and Dafna Silberfeld for organizing this fun event and giving us the opportunity to get to know our teammates a bit better (Portman Wills will do anything for free juice).

The party continued at a venue nearby for some of us, where Nick O’Neill hosted Social Times 1-Year Anniversary & Holiday bash.

Hope you too are having a good time this holiday season.

Merry Everything and Happy Always!

 

Post by Thais Luporini, follow SocialCash on Twitter and Facebook

December 16, 2008

A closer look at seasonal applications

Last year around Thanksgiving I released a Christmas themed application called “Be Santa.” The whole point of the application was to gift real Amazon.com products to friends and they would sit on your friends’ profiles until December 25th at which point they would all open, revealing the gifts Christmas morning. The twist was that we would actually fulfill some of the virtual gifts, turning them into gift certificates for the amount of the actual product. We monetized through banner advertising and Amazon affiliate sales. The whole project was breakeven at best. In the month between Thanksgiving and Xmas we grew to about 45,000 daily active users and spent all the advertising revenue we had raised on gift certificates – plus probably some revenue from our other applications. We were happy to give some people a very merry Christmas, but this was certainly not a sustainable business model (though we made a pretty penny when someone bought a GPS system on Amazon using our affiliate tag). We learned building a seasonal application is hard since you have a very short amount of time to monetize users and you have to fit your application into a pre-existing narrative users can relate to (Christmas, Halloween, etc).

This season I want to take a look at two Christmas applications and point out perhaps goes into developing a successful seasonal application.

Christmas Cookie exchange (59, 752 MAUs):

This application has the most active users of any Christmas application. And, this is the big surprise: it was built using a gift creator app. This was not built by a big application development agency or even a highly skilled individual developer. It’s a simple and straight forward gifting application in which you can unlock a number of different types of cookies. There is really nothing about this application that deeply ties into social Christmas narratives, except for gift giving (which is already known to be a popular genre of application no matter the theme). It most likely succeeds because it is just like thousands of other applications users are already using, complete with 4 horizontal banners running across the page.  Interesting to note though, the gift app creator used automatically has an application to user notification sent to new users right after authorization, a practice I don’t seen employed very often, but may be a cause for their success. (FYI: the second most popular Christmas application is called Santa Clause, about 56k MAUs, and was built using the same gift creator as Xmas cookie exchange).

Regift the Fruitcake (29,500 MAUs) :

This application was developed by Context Optional for Paypal, and from a developer perspective I appreciate the work that was put into the game, design, and the applications goal of to raise money for charity via a sweepstakes. It fits well into the Christmas narrative, hitting on regifting and fruitcake (YUM), as well as celebrity charities. But, compared to the simple gifting apps it seems to be much more complicated and less popular with users. I’m not sure if Context Optional/Paypal has been purchasing traffic or this growth is organic, but the levels interaction required to use the application are most likely the barrier to retaining users – despite the deep relationship with contemporary Christmas narratives. Context Optional has also developed two applications and Facebook page for Palm, which have gotten some recent blog coverage: Naughty or Nice (14,500 MAUs) and White elephant party (3,500 MAUs). Like the Paypal application they tie deeply into the brands sponsoring the applications and well known Christmas themes, but unfortunately have also seen slower growth than the Paypal application and nothing near the simple gifting app.

What conclusions to draw from comparing these two types of applications?

KISS: Keep it simple & stupid. Anyone developing a web application or Facebook application should know that the simpler the application is to use, the more people will use it and more frequently. This goes double for seasonal apps when you only have a short time to engage your audience. Complicated games with many steps are not going to have the required runway to build up a dedicated userbase; we learned this with BeSanta.

Get to market earlier than your competitors. Christmas cookie exchange has wall posts going back to Nov 30 is by far the most successful. The Context Optional applications were released in December, and I’m sure would have benefited from some more time to build a user base as activity is sure to increase closer to Christmas. There is no reason to wait until Black Friday to launch a Christmas app; in fact our plan was to launch BeSanta in the beginning of November, but were delayed in development.

Piggyback on what users are already doing rather than trying to create the hot new Christmas game. Facebook users are already gifting. Getting them to gift using your application is a lot easier than getting them to do an action they are not familiar with. As much as we as developers like to be creative and innovative with our applications, with a  seasonal application playing follow the leader may be your best bet.

Happy Holidays!

Post by Joshua Backer, follow SocialCash on Twitter and Facebook

December 15, 2008

Profile of the Week - Christian Montoya

Montoya

 

 Are you one of the 350K Facebook users still addicted to playing Jetman? Well, this week we are profiling Christian Montoya, who has worked on a number of awesome applications including Jetman and Pop Answers. We met Christian at f8 in July after he left SGN, and he has now landed a position with the good folks over at Appsavvy as their Senior App Developer. Christian also works on his own social games under the aegis of Mappdev (check out Haiku!).

1)      I majored in: Electrical & Computer Engineering at Cornell University. I tried once to transfer into Information Science, but I didn't want to do the five-year plan. I completed my degree on time and swore never to touch circuits again.

 

2)      I'm most well-known for: I still don't have my "one big thing," but if I had to decide, it might be my blog at christianmontoya.com. I've been blogging since September 2005 and it has allowed me to have a voice in the Internet industry long before my career started. I still take advantage of the relationships that I built through blogging and I also use my blog to announce my latest projects. Plus, it helped that I was once featured
on Lifehacker after making it to the top of Digg for my advice on "how to pull an all-nighter." To this day, Google still considers me an expert on that.

3)      How did I end up in NJ? My fiancee graduated last May and her job brought her to NJ. I followed her after I finished my work with SGN in Palo Alto. It was what you would call "perfect, unexpected timing."

4)      When I'm not working on Mappdev I'm: putting my best work into my day-job at appssavvy in NYC, or burning calories at the gym.

5)      One thing about me few people know: I didn't learn programming until college. When I got to Cornell, my only experience with software was making websites in Microsoft Frontpage. I struggled with programming for two years until I finally managed to make sense of all the concepts that were thrown at me as a freshman.

6)      The thing I love most about my job is: User interface design. I love making software super easy & fun to use. I write a lot of code but my true passion is design. I'm constantly showing my work to others and getting feedback about how to make every detail better.

7)      Website worth checking out: WeTheRobots.com is my favorite web comic. I want everyone to read it.

8)     Best candy: Andes Chocolate Mints. I grew up with these and still keep a fresh pack in my kitchen every week.

9)   Best trip: I went to Hungary with my family when I was in high school. I realized I like Europe a lot and still want to go back.

10)   Favorite Facebook app: Pet Society

11)   3 gadgets I can't function without: Macbook, iPod Touch, iPod Shuffle.

12)   My future plans include: Launching new games, turning Mappdev into a full-fledged games company.

13)   In 2007 I: In May I graduated from Cornell University after a very exhausting senior year. I had a job offer from InvestorGuide.com in Fairfax Virginia, but I postponed that for two months to work on
CourseHero.com with a group of Cornell students in Sunnyvale, CA. I then moved to Fairfax Virginia to start my job, but I soon realized that I was wasting my time there. I spent my free time learning the
Facebook platform with a friend I met at Course Hero, Yaowei Yeo, and we built a Facebook game called DotA which SGN wanted to buy. Yaowei wouldn't sell, but I left my job to join SGN.

14)   In 2008 I: Started working at the SGN office when it was still a part of Freewebs in Silver Spring, Maryland. I was responsible for applications like Jetman and Fight Club when they were still some of the biggest games on Facebook. When SGN became a separate company, I moved with them to Palo Alto, CA and worked there until July. After I left, I started my own company, Mappdev, and released my first game, Pop Answers. I then moved to New Jersey to live with my fiancee, and when she told me to go out and make some real money, I went to appssavvy in NYC. I knew the team from my days at Freewebs and now I'm working as their Senior Application Developer. I still put my free time into new projects with Mappdev.

15)   In 2009 I: don't plan that far ahead! I just pray that things will go well :)

 

December 12, 2008

Time is right for app developers to cash in on virtual currency, networks will have to wait

Per using the internal SocialCash daily news email, put together by our very own Thais, I ran across two blog posts that reiterate what is becoming a clear trend in the monetization of social networks and applications. First, there is Mashable’s post from Thursday regarding the nose dive of advertising revenue generated by social networks. That revenues are going to drop should not be a surprise for anyone, but the fact that drops are being reported in the hundreds of millions is certainly discouraging. It has been the story of the last six months as even the most popular of applications have been hit with dropping cpms amid a handful of offers for guarantees as low as 7 cents. With a growing focus on engagement spreading across social networks, impression based advertising is becoming less and less valuable, meaning CPA and CPC campaigns are becoming more and more popular. Even Facebook’s self serve ad generator, SocialAds, now gives advertisers the choice of CPM or CPC campaigns.

The second post I came across is TechCrunch’s coverage of hi5’s launch of a universal virtual currency. Right now this currency can only be used to buy and send virtual gifts on hi5, almost an exact copy of Facebook’s own virtual gifts. But, there is the suggestion that eventually users will be able to spend this currency on additional goods and services on hi5’s platform.

These two stories are like the two sides of one sheet of paper. As impression based online advertising revenue drops, the strategy of monetizing social networks and applications will have to shift to cash purchases from users.  This is already wildly popular (and profitable) in established virtual worlds like Second Life, and applications on Facebook that accept direct payments. Many applications strike a balance between advertising and direct payment through CPA based virtual currency solutions that incentivize users with virtual currency to purchase a product or complete an offer for which the developer is in turn paid in cash. 

The news of ad rates plummeting should only fuel the fires of developers to come up with sustainable business models selling digital goods/currencies or even services (which can garner recurring revenue).  Now, this is much easier for a single application or even app development company to accomplish than it would be for Facebook or hi5. They are dealing with a monumental international user base (and developer base) making financial regulation a potential nightmare, not to mention the resources that will have to be spent on policing fraud. But it’s easy to see that the drop in advertising rates is making it necessary for social platforms to move in this direction, which is a good thing overall. Finding a balance between a free basic user experience and selling premium services/ goods will be key as networks search for new revenue streams.

How do you think Facebook or other social platforms should implement virtual currencies or payment platforms? Should it or can it be safely opened to developers? Will it disrupt the application ecosystem?

 

Post by Joshua Backer, follow SocialCash on Twitter and Facebook.

December 11, 2008

Ever Wonder About the Authenticity of Blog Comments?

Online identity  Not anymore. At least not when reading them on blogs like Tech Crunch and Inside Facebook, which are among the many websites that have launched Facebook Connect. Earlier this week, we had a chance to read a blog comment that Mark Zuckerberg himself posted on Tech Crunch, verified by this awesome new tool.

Users are now able to login to third party sites and ensure their identity, increasing “the authenticity and quality of conversation across the web”, as suggested by Inside Facebook.

 

Visit Inside Facebook to see a list of all the sites that are currently offering the service. The number seems to be increasing by the day!

 

Image Source

Post by Thais Luporini - follow us on Twitter and Facebook!

December 08, 2008

Profile of the Week - Siqi Chen

Siqi chen

Siqi Chen is the founder and CEO of Serious Business, a social game development studio. He’s a top ranked developer on Facebook and one of the brilliant minds behind Friends For Sale, one of the most popular gaming apps on the site. We haven’t seen Siqi in a while, but hope the serious team is doing well and wish them continued success in the coming year!

1)    I majored in: Awesome. And math.

2)   I'm most well-known for: Making gold-digging a game!

3)    How did I end up in San Fran? I wanted to be in the middle of it all, ten years too late.

4)   When I'm not doing "serious business", I'm: Playing "fun games".

5)   One thing about me few people know: That I am awesome. I wish more people knew that.

6)   If I were a super hero, I'd be: Mr. Manhattan.

7)   The thing I love most about my job is: Working with really smart people.

8)   Website worth checking out: http://www.seriousbusiness.com. I've been told it can be amusing!

9)   Best candy: Altoids Sours - or sour in general.

10)   Best trip: Yosemite - I like mountains, rivers, and trees!

11)   Favorite Facebook app: I can't talk about that ... yet.

12)   3 gadgets I can't function without: iPhone - it's an incredible phone, a revolutionary internet device, and the best iPod we've ever built!

13)   My future plans include: Going to Disneyland, eating Pho, and buying a small country.

14)   In 2007 I: Did nothing for half a year, then I worked for the other half.

15)   In 2008 I: Worked a year for the first half of the year, and then did nothing in the second half.

16)   In 2009 I: Will try to work normally.

 

Post by Thais Luporini - follow us on Twitter and Facebook!

December 05, 2008

Keeping Up with Data Portability Concepts

Data portability concepts are moving faster than ever, increasing people's ability to share information outside the walls of social platforms. Earlier this week, The NY Times posted an article on how “Facebook Aims to Extend Its Reach Across the Web”, which included a thorough analysis of Facebook Connect before it's actual lauch. Facebook Connect went live yesterday, after much anticipation, and many sites are already using the service.

Check out this interesting presentation by the guys over at RazorFish, titled “Portable Social Graphs – Imagining their Potential”, to help you better understand Facebook Connect from a marketing perspective. The effect Facebook Connect will have on e-commerce and on the web as a whole is yet to be seen, but this will definitely give you an idea of how it can be a powerful tool in determining the future of online marketing.

 If you’re interested in learning more about it, here’s where you can find additional buzz since its launch:

·         Headline: Facebook Connect Goes Live

Source: Silicon Alley Insider

·         Headline: Breaking: Facebook Connect Goes Live for All, the Identity Race is On

Source: AllFacebook

·         Headline: Oh No You Don’t, Google! Facebook Connect Now Generally Available, Too

Source: Tech Crunch      

·         Headline: Is Facebook Connect the Future of E-Commerce?

Source: AllFacebook

·         Facebook Connect vs Google Friend Connect: Fight!

 

      Source: Mashable

 

·         Headline: Vimeo Launches Facebook Connect Support

Source: AllFacebook

·         Headline: Drop.io Facebook Connect Turns Feeds into File Sharing

Source: AllFacebook

·         Headline: Announcing the AllFacebook Connect Directory

Source: AllFacebook

·         Headline: Facebook Connect Now Live on Inside Facebook         

Source: Inside Facebook

 

Post by Thais Luporini - follow us on Twitter and Facebook.

December 03, 2008

More reason for application developers to pay attention to international traffic

Yesterday, Justin Smith of InsideFacebook posted a brief note about Google's release of its year end top search results. Facebook, not too suprisingly, was the 2nd fastest growing search term behind Obama. But, it should be noted that according to the Google report the top 10 countries searching for Facebook are all international:


1.     Turkey
2.     Colombia
3.     Croatia
4.     United Kingdom
5.     South Africa
6.     Chile
7.     Canada
8.     Venezuela
9.     France
10.    Australia


Its no surprise that more people than ever are joining Facebook from Europe and South America and this is part of a concerted effort by Facebook to expand their international growth to compete with MySpace, Hi5, Bebo, and Orkut. These social networks already have a strong international demographic, but earlier this year Facebook sued a German clone, StudiVZ, setup an international HQ in Dublin, and international growth was stated as a company priority by Mark Zuckerberg in a recent interview

What does this mean for developers? 

Do not ignore the international traffic on Facebook!

Some tips for making the most of Facebook's international growth:

Work with advertising networks to geo target internationally, and work with networks with good international campaigns.

If you're going to take real world currency as payment in exchange for virtual gifts or currency make sure to use gateways that can handle international currency or use a managed offer platform (like PointCash, shameless plug - I know) with strong international CPA campaigns to provide alternative payment. If any of you were following the fbFund voting campaign, some of the apps were shredded in the comments by international users who could not use the US only payment gateways.

Take advantage of Facebook's crowdsourced translation tools to translate your apps into the languages of your growing international demographics. Facebook itself supports 35 languages with 65 in development.

What are your strategies for attracting, maintaining, and monetizing international traffic?

Post by Joshua Backer, follow SocialCash on Twitter and Facebook.

December 01, 2008

Profile of the Week - Evan Steinberg

Evan pic

 

We had the pleasure of meeting Evan Steinberg back at GSP East when Check My Campus was yet to be launched. Less than six months later, they’ve not only successfully launched but have also been nominated as one of the 25 FB Fund winners, and are now competing for a chance to win $250,000 dollars in “non-recourse grants”! Evan and I share a love for caramel apple pops and the SocialCash team looks forward to getting an invite to the CMC tropical island sometime soon.

 

1)    I majored in: Marketing at the University of Michigan’s Ross School of Business

 

2)    I'm most well-known for: My extensive Nike sneaker collections...watch out for a Check My Campus pair in '09!  I’ll have to let Abby know…

 

3)    How did I end up in DC? I was born & raised in Chevy Chase, MD (actor named after the town, not the other way around).  Came back to be close to SocialCash.

 

4)    When I'm not working on Check My Campus I'm: watching Michigan sports and scheming about Check My Campus.

 

5)    One thing about me few people know: How about one truth and two lies? 1) I was a stunt double for “Scotty” in Eurotrip 2) Malia Obama wants my old fifth grade locker at Sidwell 3) I designed college apparel for Nike. 

 

6)      The thing I love most about my job is: Short lines in the company cafeteria…and all the students I get to meet.

 

7)    Website worth checking out: http://creativebits.org/cool_business_card_designs

 

8)    Best candy: Caramel Apple Pops (I know you’re with me on this, Thais)

 

9)    Best trip: So many great trips to colleges…I’ll go with Vanderbilt: within a 12 hour period, I went to the Sunlight Party (lasts all night until sunlight), checked out the Football Saturday tailgate scene (seeing “guys in ties” and “girls in pearls” cracked me up), and then enjoyed a killer breakfast at Nashville’s famous Pancake Pantry.

 

10)   Favorite Facebook app: I hear there’s this cool new app called Check My Campus (http://apps.facebook.com/checkmycampus/)

 

11)    3 gadgets I can't function without: (loosely defined as gadgets) - Cha Cha (perhaps inspired by your Crazy Advertising Magic, they do some crazy text message magic that texts you the answers to any question you ask them), GChat (with video), Soccer mom van.

 

12)    My future plans include:  Staying Hungry.  Staying Foolish.  Moving the Check My Campus World Headquarters to a tropical island.

 

13)   In 2007 I: “It was all a dream”

 

14)   In 2008 I: “Now I'm in the limelight ‘cause my app’s tight”

 

15)   In 2009 I: “Time to get paid, blow up like the World Trade”

 

Post by Thais Luporini - follow us on Twitter and Facebook.

November 26, 2008

Happy Holidays from SocialCash

Thanksgiving post pic

We weren’t lying when we mentioned that our “Buddy” Abby Lauterbach is SocialCash’s favorite pen pal. We just received this Thanksgiving card from her and wanted to take the opportunity to wish you all a happy holiday too!

Hope you have a safe and fun weekend wherever your destination may be, and “whether or not your plans include friends, football, and food comas”, says Hebda (also known as “SplashofCash” to those of you who bring her laughter amidst her busy days).

The SocialCash blog will be back in full speed very shortly. Don’t go away and have a great turkey day!  Bye-bye.

Post by Thais Luporini - follow us on Twitter and Facebook.

Rob Jewell Attends Summit Series 08

Summit Series pic 1

SocialCash CEO, Rob Jewell, just got back from the second Summit Series event in Riviera Maya, Mexico, that took place this past weekend. This year’s gathering recognized 65 of the country’s most talented young entrepreneurs, philanthropists, authors and leaders. Rob joined Dave Morin from Facebook, Kamo Asatryan, co-founder of LOLApps, as well as Joe Green, co-founder of Project Agape (the group behind the Causes app), who were among the many industry leaders that got invited to this awesome event.

Although it was the perfect setting to kick back and relax, attendees fostered business relationships and closed deals instead.  As Summit director, Elliot Bisnow, pointed out, “More than $10 million in deals ranging from advertising sales to joint venture product development partnerships were negotiated in the summit’s three days”.

In addition to exchanging ideas and addressing important topics, attendees were also given the opportunity to leave business aside and engage in charitable projects. Blake Mycoskie, founder of TOMS Shoes, "an organization that donates a pair of shoes for every pair it sells", led the group to embark on a memorable experience, where after driving for 2 hours, they were able to deliver shoes to 500 Mexican children in need. Scott Harrison, founder of Charity Water, "an organization that raises money through donations and drills wells for clean water in Africa", was also there to share the story of his mission: bringing clean water to millions in Africa. As event host, Elliott Bisnow, shared:

 The Summit team couldn’t be more proud of its membership, which raised enough money to drill 4 new wells in Ethiopia and not only delivered 500 shoes to children in need, but committed to providing shoes to the Mexican community we visited each year going forward, so that our shoe drop may be sustainable.”

The Summit Series is committed to growing this “community of change-minded Americans”, and “hopes through bringing together some of the country’s top talent to exchange ideas, perhaps it can help grow the national pie.”


SOURCE Summit Series Mexico

Post by Thais Luporini - follow us on Twitter and Facebook.

November 24, 2008

Profile of the Week - Abby Lauterbach

Abby post pic

Abby Lauterbach is a Project Manager at Buddy Media, and probably the funniest person I know. She feeds us Buddy Media chocolate at conferences and is SocialCash's favorite pen pal. Her profile speaks for itself and she needs no further intro. Enjoy!

1) I majored in: Photography and Imaging, minor in Business.

2) I'm most well-known for: Being Abby Lauterbach, Comic Genius. (Ricky Gervais' words, not mine)

      3) How did I end up in NYC? By plane (Big family argument, I wanted to pull a "Forrest Gump" but        Mommy Lauterbach wasn't having it).

      4) When I'm not writing letters to SocialCashies, I’m: managing projects at Buddy Media.

      5) One thing about me few people know: I am a sneaker freak (feel free to pick me up a pair of Nike Dunks, size 8.5). Also, it takes me several drafts to write a successful post-it note.

      6) The thing I love most about my job is: It is cruel to make me pick one thing.

      7) Website worth checking out: www.BuddyMedia.com

      8) Best candy: Teuscher Champagne Truffles (Tie for second: Pop Rocks and Spice Girls Lollipops)

      9) Best trip: Down a flight of stairs (There were people at the bottom. Think human bowling).

      10) Favorite Facebook app: El Sombrero Selector de Harry Potter (Favorite Buddy Media app: AdBattle- http://apps.facebook.com/adbattle )

      11) 3 gadgets I can't function without: 1. Solar Powered Watch 2. TiVo 3. Is floss a gadget? 

      12) My future plans include: Learning how to surf, snowboard, play the saxophone and run a half-marathon (Morgan Freeman and Jack Nicholson got nothing on my Bucket List).

      13) In 2007 I: built large scale Lite-Brites of my family, graduated NYU and joined the Buddy Media team.

      14) In 2008 I: walked my first marathon, went sky diving, met my new friends at Social Cash and enjoyed every single day at work (even when my team lost the kickball game).

      15) In 2009 I: will create the internet (the one you are reading this on is a mirage). And if time permits, I will legally change my name to Abz.

      Any last thoughts? My life. My card. American Express.

     Post by Thais Luporini - follow us on Twitter and Facebook.

November 21, 2008

Facebook is a Global Phenomenon

Globalizatoin

We can start by talking about globalization and what it means to be able to connect to so many people across invisible distances, share information daily, learn new things from multiple sources and everything else that, thanks to the web, has been embedded into our lives long enough to make us forget what it was like without it. And then we get to the exciting world of social platforms, where culture and content come together, creating a social experience where users “sign-in” to find immediate entertainment and a new form of self-expression.

There are many social platforms out there, and most have made it big in one particular country or another. For instance, Orkut is most popular in Brazil, Bebo rocks in the UK, Friendster is huge in many Asian countries, and MySpace still holds the majority of US users (although this is changing as Facebook moves closer and closer to the top).

But it wasn’t until Facebook opened up its platform that users had the opportunity to interact globally, given the site’s worldwide popularity. International users are not just connecting with friends; they’re actually spending time on the site. Friends For Sale is a great example of an app that has managed to engage a huge number of users from all over. At the recent Facebook Developer Garage in SFO, Siqi Chen, CEO of Serious Business, stated that some of their “highest paying users are in Saudi Arabia”, according to Inside Facebook. Not only that, but Siqi also mentioned that “a woman has spent over US$30,000 in the game so far".

Belonging to a network where a diverse group can find common ground, and a fun way to connect on a daily basis whether to simply keep in touch, play a game, join their favorite group or fight for a cause, has proven to be a trend that is here to stay. Facebook is now available in  22 languages, as reported by Nick O’Neill last month, and developers should keep international users in mind if they want to keep up with the site’s continued expansion.

I’m anxious to see where this global phenomenon will take us a couple years from now. And if nothing else, I hope it keeps serving as a valuable tool and a great place to virtually coexist.

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Post by Thais Luporini - follow us on Twitter and Facebook.