Facebook Opens fbFund Voting - Users to Help Decide Who Gets Funding
Facebook today is opening up the voting phase of the fbFund process to give users a voice in determining which applications should be awarded the full $250,000 fbFund grants.
So far, 25 application developers have been awarded $25,000 each in Round I of the competition. In Round II, Facebook users, the Facebook fbFund Team, and members of the fbFund Advisory Committee (i.e. Founders Fund and Accel) will nominate developers for the full grant. Ultimately, 5 will be awarded an additional $225,000, bringing their total grants to $250,000.
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