Facebook – The Race to build a Platform within the Platform is on!

I think that Facebook is completely open to people (using their API) figuring out how to monetize their platform. It’s not a closed system (like MySpace), it will make Facebook even more valuable in terms of being bought. And it helps the company develop quickly without having to do the usual heavy lifting by itself!

Facebook – The Race to build a Platform within the Platform is on!

“Facebook application APIs signal the beginning of the second movement of the Platform “Big Bang,” which I think you could think of as the “Platform within the Platform” rush. Applications with millions of users will soon enable APIs that offer other developers the opportunities to extend their applications and gain distribution in an attempt to become a kind of “platform” themselves.”

(Via Scoble’s Link Blog – Twitter.)