{"id":745,"date":"2011-05-07T23:58:04","date_gmt":"2011-05-08T06:58:04","guid":{"rendered":"http:\/\/www.spreadingscience.com\/?p=745"},"modified":"2011-05-07T23:58:38","modified_gmt":"2011-05-08T06:58:38","slug":"wwhere-the-app-economy-began","status":"publish","type":"post","link":"https:\/\/www.spreadingscience.com\/2011\/05\/07\/wwhere-the-app-economy-began\/","title":{"rendered":"Where the App economy began"},"content":{"rendered":"

\"app\"by <\/em>merfam<\/a><\/em><\/p>\n

The Class That Built Apps, and Fortunes<\/a>
[Via NYT > NYTimes.com Home<\/a>]<\/span><\/p>\n

In 2007, the \u201cFacebook Class\u201d at Stanford created free apps for millions of users. But it also fired up the careers of many students and pioneered a new model of entrepreneurship.<\/p><\/blockquote>\n

[More<\/a>]<\/p><\/blockquote>\n

I was at a meeting in 2008 where this class was first described.<\/a> It was so fascinating I took no notes. Here is what I wrote afterwards:<\/em><\/p>\n

<\/em><\/p>\n

I just listened to most of this (no notetaking) because it was just an incredible story. some good lessons. Many crummy trials better than deep thinking. Students that shared the most were also at top of lists of apps.<\/p>\n

Generated close to $1 million in revenue, several companies started, etc.<\/p>\n

Novelty is not best approach. Sometimes best to copy what is out there. Today\u2019s metrics are not the best.<\/p>\n

You can LEARN to create a winning app. many stanford\u2019s teams were successful.<\/p>\n

Used chaos cycle \u2013 trials, evaluate, assets, inspire, trials. Faster could run cycle, faster reached peak. like evolution.<\/p>\n

Mass interpersonal persuasion now possible. Created $10 million in value in 10 weeks.<\/p>\n

Better to have a rapid development cycle than think things fully through. The ones who shared the most made the most.<\/p>\n<\/blockquote>\n

Rapid development cycles. Thse that share the most made the most. Learn what works instead of just decide before. Use chaos to your advantage.<\/em><\/p>\n

What these students found in 2007 is now a part of the economy. Just look at the App Store. This approach to business will expand to many other areas. <\/em><\/p>\n

Rapid cycles of learning and knowledge will produce better decisions. <\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

by merfam The Class That Built Apps, and Fortunes [Via NYT > NYTimes.com Home] In 2007, the \u201cFacebook Class\u201d at Stanford created free apps for millions of users. But it also fired up the careers of many students and pioneered a new model of entrepreneurship. [More] I was at a meeting in 2008 where this … Continue reading Where the App economy began<\/span> →<\/span><\/a><\/p>\n","protected":false},"author":5,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false},"categories":[10,7,3,4],"tags":[],"class_list":["post-745","post","type-post","status-publish","format-standard","hentry","category-knowledge-creation","category-open-access","category-science","category-web-20"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/pe2yp-c1","jetpack_likes_enabled":true,"jetpack-related-posts":[{"id":17,"url":"https:\/\/www.spreadingscience.com\/2008\/03\/03\/gsp-stanford-fb-app-class\/","url_meta":{"origin":745,"position":0},"title":"GSP: Stanford FB App class","date":"March 3, 2008","format":false,"excerpt":"Ten Million in Ten Weeks: What Stanford Learned Building Facebook Apps I just listened to most of this (no notetaking) because it was just an incredible story. some good lessons. 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Here\u2026","rel":"","context":"In "21st Century Company"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":797,"url":"https:\/\/www.spreadingscience.com\/2011\/07\/06\/a-great-analysis-of-what-the-post-pc-era-really-means\/","url_meta":{"origin":745,"position":4},"title":"A great analysis of what the post-PC era really means","date":"July 6, 2011","format":false,"excerpt":"The Post-PC era will be a multi-platform era [Via asymco] Windows Phone Marketplace has reached 25,000 apps. That\u2019s an impressive figure given that so few devices have actually been sold. Compared with Android which is activating half a million devices per day, Windows Phone seems like a rounding error. According\u2026","rel":"","context":"In "21st Century Company"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":781,"url":"https:\/\/www.spreadingscience.com\/2011\/06\/05\/the-flexibility-of-apple\/","url_meta":{"origin":745,"position":5},"title":"The flexibility of Apple","date":"June 5, 2011","format":false,"excerpt":"O'Brien: Apple's path to the app store wasn't a straight road - San Jose Mercury News [Via MercuryNews.com] The unveiling of the iPhone almost four years ago stands as a pivotal moment in computing history. The elegant design not only ushered in the mobile computing revolution, it also ignited an\u2026","rel":"","context":"In "21st Century Company"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.spreadingscience.com\/wp-json\/wp\/v2\/posts\/745"}],"collection":[{"href":"https:\/\/www.spreadingscience.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.spreadingscience.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.spreadingscience.com\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/www.spreadingscience.com\/wp-json\/wp\/v2\/comments?post=745"}],"version-history":[{"count":3,"href":"https:\/\/www.spreadingscience.com\/wp-json\/wp\/v2\/posts\/745\/revisions"}],"predecessor-version":[{"id":748,"href":"https:\/\/www.spreadingscience.com\/wp-json\/wp\/v2\/posts\/745\/revisions\/748"}],"wp:attachment":[{"href":"https:\/\/www.spreadingscience.com\/wp-json\/wp\/v2\/media?parent=745"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.spreadingscience.com\/wp-json\/wp\/v2\/categories?post=745"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.spreadingscience.com\/wp-json\/wp\/v2\/tags?post=745"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}