It had to happen! We have talked about widget apps and the facebook platform on venturewoods before. A pure play facebook app “Where I’ve been” reportedly got acquired for $3m. It might seem like a small amount compared to the billions that make headlines these days, but IMHO its just the starting point — this thing is going to get more momentum.

So what do you think? Is someone calling a beginning of a bubble 🙂 There is an arbitrage here – if you have a smart facebook idea, and can bootstrap it well (remember, very little marketing money required here), this might be your first million bucks!