• More On The UADA—Funny Money For a "Virtual" Facebook App Roll-Up Company

    There is a lot of funny money on Facebook, but it is getting really bad. Startups are trying to raise money based on virtual valuations. Earlier this week, I wrote about a fishy Facebook organization in the making called the UADA. It is listed on Facebook-stat site Adonomics as the biggest Facebook app company, even though it doesn’t seem to exist yet. Altura Ventures, a… Read More

  • The UADA: Biggest Facebook App Co. or Marketing Scam?

    There is something fishy going on at Adonomics, the site that keeps statistics on the most popular Facebook applications. On its home page it lists the “Top 40 App Companies” as measured by how many times each company’s applications have been installed on Facebook. This is a useful list because it provides a snapshot of which Facebook app developers are doing the best by… Read More