Facebook Woos Investors And Developers With fbStart
Facebook launched an initiative aimed at giving third-party developers included in the portfolios of seed funds advanced notice of new tools and features, with the aim of encouraging those developers to build their businesses around the social network.
Facebook launched an initiative aimed at giving third-party developers included in the portfolios of seed funds advanced notice of new tools and features, with the aim of encouraging those developers to build their businesses around the social network.
The Wall Street Journal reported that the fbStart program has signed up early stage business-investment groups including Seedcamp, sFund, 500 Startups, TechStars, and Y Combinator.
In its initial public offering filing earlier this month, details were included on Facebook-centric developers including Zynga, BranchOut, and Color Labs.
TechStars Founder and Chief Executive David Cohen (no relatiton to yours truly) told the Journal that about one-half of the fund’s 80 active developers will take advantage of fbStart to various degrees, adding:
We’ve been asking Facebook for ways to get better access and advance information for our companies, and this is their way of doing that.
And
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