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TechCrunch 40 Conference & Facebook

September 18, 2007

A few people I know were at the TechCrunch 40 conference these last 2 days. I wish I was there too! Oh well… hopefully next year 🙂

A lot of interesting products/services were announced at the conference. Some of the more notable ones were Flock and Cubic Telecom (founded by Pat Phelan). Come to think of it, though, Cake Financial had a pretty good product out there too.

What did catch my attention the most at the conference was Facebook’s major announcement that they will be partnering with Accel and the Founders Fund to provide up to $10 million dollars in grants to individuals/companies that want to create Facebook apps. The grants will range from $25,000 to $250,000. Very interesting proposition and very smart move by the three companies.

Bravo!

Aydin.

Posted By: Aydin Mirzaee
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