Virtual goods starting to pan out for Facebook game app developers, and not just the venture-funded ones

Virtual goods starting to pan out for Facebook game app developers, and not just the venture-funded ones

Like grizzled miners panning for gold on a river high in the Sierras, Facebook applications developers have been toiling away, trying to figure out how to make money from the millions of people who use their apps every day. Those developers who focus on games are starting to find gold — by which I mean revenue gained from doing things like selling virtual goods in exchange for real money.

Various estimates given to me by developers… Continue Reading