DISQUS

We got our rejection letter this week too. I had almost forgot about the whole thing entirely considering initial claims for reviewing apps quickly (like a month or so). I actually applied to the AppFactory as well, which is another group looking to invest in Facebook applications. I have not heard anything from them at all (not even a thanks for sending) -- it feels terrible to know that great ideas have been sent to these "people" investing in facebook applications and they could easily steal the ideas now without consequence (and in fact they make you waive those rights when you apply).

I've been very successful writing business plans and pursued entrepreneurship as part of my MBA. I have no doubt that our submission along with many of the others rejected were perfectly great business ideas. VCs and other investor types are still testing the water with the Facebook Application stuff and my guess is they can't afford the normal risk even though they really want to jump in on the hype. My opinion is that it is a terrible idea to bank on Facebook existing in the future to sustain monetization for developers anyway -- I'm saying that EVEN AFTER jumping on the long tail from hell (too confusing to deal with right now).