fbFund as 'Programming Collective Intelligence' arrives...

..surely it can only be a matter if moments (possibly days) until the millions start rolling in!

The only topic of conversation that seems to be successfully competing with the iPhone's European launch on the web and in the blogosphere is the launch of the Facebook Fund. The grants of between $25,000 and $250,000 which ask nothing in return except the right to fund the companies first, are obviously going to create a lot of interest especially amongst college students and recent graduates who may be looking to launch something new and exciting as the web 2.0 bubble gains pace.

There seems little downside to the fund (except for the weakness of the dollar for non-US citizens) and I would expect other networking sites to offer similar inducements if they are going to keep pace with Facebook's innovation levels. That is, after they have opened up their platforms.

That the news has broken at the same time as a new programming book finally arrived from Amazon surely can't be a coincidence...maybe the Facebook Fund will be the kick I need to actually read one of these programming books I keep getting.

Alternatively my time may be better spent tidying my desk.