Well i was quite late in signing up to Facebook. I have no Myspace page and didn’t want to join any social networks for the very reason of i don’t have enough time and i knew if i joined i would be addicted to it - and i was right!

I joined yesterday, i already have 19 friends with more requests going in by the hour! I find somebody i know, view their friends, find another and another and before you know it, I’m sat there for 3 hours typing in ex girlfriends names and ex colleagues etc that i have lost touch with.

I really do love it! I’m still getting used to all the widgets which my friends use such as avatars, buying people drinks and loads more. And its these widgets that are now making people millionaires …

Unlike most recent college grads, Joe Aigboboh does not have a Facebook account. But Aigboboh, 22, and his business partner, Jesse Tevelow, 24, are now among the world’s reigning experts on the Facebook platform, thanks to the popularity of one Facebook application, called Sticky Notes, that took Aigboboh less than a week to write.

They set up shop here, in the freshly painted basement of a dilapidated West Philly row house, a few weeks ago. Almost daily they get calls from Facebook-frenzied companies scrambling to stake their claim on the platform, offering them paid consulting gigs, development projects, full-time jobs.

But now that their four-month-old company, J-Squared Media, is pulling in $45,000 a month in advertising revenues from Facebook, they’ve decided to focus on building their own applications instead.

Last month a privately held media company made a formal acquisition offer worth more than $3 million; following in the footsteps of Facebook’s Mark Zuckerberg, J-Squared turned it down. One reason? Becoming two more anonymous product managers didn’t hold much appeal—not if they could do something bigger.

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