The increased adoption rates of facebook could be contributed to the facebook developers and the new application programs that they have created for the facebook user community. Since facebook has opened up it’s platform, developers are writing applications like crazy.

We are only seeing the tip of the iceberg and it is important to note that we are only seeing the first wave of applications that are going after the low hanging fruit: Applications that only took under a month to develop with a limited scope of functionality.

The real high value applications will be coming soon enough. Applications that are more deeply integrated and have more functionality and usefulness will emerge very soon. It is important to think of the facebook platform being opened as a watershed event. One that many growth businesses will be built upon.

Users are flocking to facebook, and the growth rate is very impressive, the number of active facebook members has hit the 27 million mark. That is ~2.5 million more users than just a month ago; this is phenomenal growth by any measure.

A recently published article (1 hour ago) by the Wall Street Journal talks about some of these very facebook growth issues… “Other popular new services are fairly basic. One from Slide Inc., a San Francisco start-up, lets people highlight their “top friends” and recently had 6.3 million users…”

You can read the entire WSJ Facebook article here.

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