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10 Million in 10 Weeks What Stanford Learned Building Facebook Apps A Stanford Course during Fall 2007 Dave McClure Rob Fan Graphing Social Patterns: March 2008 Contact: BJ Fogg - [email protected]

Dave McClure Rob Fan Graphing Social Patterns: March 2008

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10 Million in 10 Weeks What Stanford Learned Building Facebook Apps A Stanford Course during Fall 2007. Dave McClure Rob Fan Graphing Social Patterns: March 2008. Contact: BJ Fogg - [email protected]. 10 Million in 10 Weeks Total Installed Users: 20M+ 5 apps @ 1M+ users 10 apps @ 100k users - PowerPoint PPT Presentation

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Page 1: Dave McClure Rob Fan Graphing Social Patterns: March 2008

10 Million in 10 WeeksWhat Stanford Learned Building Facebook Apps

A Stanford Course during Fall 2007

Dave McClureRob Fan

Graphing Social Patterns: March 2008

Contact: BJ Fogg - [email protected]

Page 2: Dave McClure Rob Fan Graphing Social Patterns: March 2008

10 Million in 10 Weeks Total Installed Users: 20M+• 5 apps @ 1M+ users• 10 apps @ 100k users• 20 apps @ 5k users

Total Daily Active Users (DAU):  925k6 apps with ~ 100k DAU10 apps with > 10k DAU19 apps with > 500 DAU

6 Apps in Facebook Top 100

Top Apps (according to Adonomics): ~ $10M

Contact: BJ Fogg - [email protected]

Page 3: Dave McClure Rob Fan Graphing Social Patterns: March 2008
Page 4: Dave McClure Rob Fan Graphing Social Patterns: March 2008

Contact: BJ Fogg - [email protected]

Page 5: Dave McClure Rob Fan Graphing Social Patterns: March 2008

Curriculum (Alpha Version)

3 Apps  (!)

1.  Virality

2.  Engagement

3.  Education-focused

Hoping to leverage . . .

• Huge reading list

• Metrics-based grading

• Psychology of technology

Expecting 20-40 students...Contact: BJ Fogg - [email protected]

Page 6: Dave McClure Rob Fan Graphing Social Patterns: March 2008

...120 showed upContact: BJ Fogg - [email protected]

Page 7: Dave McClure Rob Fan Graphing Social Patterns: March 2008

...So we scared some students off.

Contact: BJ Fogg - [email protected]

Page 8: Dave McClure Rob Fan Graphing Social Patterns: March 2008

Contact: BJ Fogg - [email protected]

Page 9: Dave McClure Rob Fan Graphing Social Patterns: March 2008

Contact: BJ Fogg - [email protected]

Page 10: Dave McClure Rob Fan Graphing Social Patterns: March 2008

7 person teaching team

73 students

Contact: BJ Fogg - [email protected]

Page 11: Dave McClure Rob Fan Graphing Social Patterns: March 2008

 

Contact: BJ Fogg - [email protected]

Page 12: Dave McClure Rob Fan Graphing Social Patterns: March 2008

 Contact: BJ Fogg - [email protected]

Page 13: Dave McClure Rob Fan Graphing Social Patterns: March 2008

Every class was exciting and surprisingContact: BJ Fogg - [email protected]

Page 14: Dave McClure Rob Fan Graphing Social Patterns: March 2008

Students drove us forwardContact: BJ Fogg - [email protected]

Page 15: Dave McClure Rob Fan Graphing Social Patterns: March 2008

Initial Success!!!Contact: BJ Fogg - [email protected]

Page 16: Dave McClure Rob Fan Graphing Social Patterns: March 2008

Success StoriesContact: BJ Fogg - [email protected]

Page 17: Dave McClure Rob Fan Graphing Social Patterns: March 2008

 Contact: BJ Fogg - [email protected]

Page 18: Dave McClure Rob Fan Graphing Social Patterns: March 2008

Students come together outside of class...Contact: BJ Fogg - [email protected]

Page 19: Dave McClure Rob Fan Graphing Social Patterns: March 2008

10 Million in 10 Weeks Total Installed Users: 20M+• 5 apps @ 1M+ users• 10 apps @ 100k users• 20 apps @ 5k users

Total Daily Active Users (DAU):  925k6 apps with ~ 100k DAU10 apps with > 10k DAU19 apps with > 500 DAU

5 Apps in Facebook Top 100

Top Apps (according to Adonomics): ~ $10M

Contact: BJ Fogg - [email protected]

Page 20: Dave McClure Rob Fan Graphing Social Patterns: March 2008

Final Expo in December 2007

500+ people show up

Contact: BJ Fogg - [email protected]

Page 21: Dave McClure Rob Fan Graphing Social Patterns: March 2008

 Contact: BJ Fogg - [email protected]

Page 22: Dave McClure Rob Fan Graphing Social Patterns: March 2008

 Contact: BJ Fogg - [email protected]

Page 23: Dave McClure Rob Fan Graphing Social Patterns: March 2008

Contact: BJ Fogg - [email protected]

Page 24: Dave McClure Rob Fan Graphing Social Patterns: March 2008

BayCHI Student PresentationContact: BJ Fogg - [email protected]

Page 25: Dave McClure Rob Fan Graphing Social Patterns: March 2008

 Contact: BJ Fogg - [email protected]

Page 26: Dave McClure Rob Fan Graphing Social Patterns: March 2008

Aftermath

•  $500,000 - $1,000,000+ revenue generated since September

• At least 3 companies formed

• At least 2 companies acquired

• More job offers than students can handle

• Dan drops out of school to work with Rob and 3 other students from the class

• Teach the class again soon

Contact: BJ Fogg - [email protected]

Page 27: Dave McClure Rob Fan Graphing Social Patterns: March 2008

More SuccessesContact: BJ Fogg - [email protected]

Page 28: Dave McClure Rob Fan Graphing Social Patterns: March 2008

Learnings from Stanford's FB Course

#1. It's never too late to create a winning app

• When we launched course, over 6000 Facebook apps existed.

• 10 weeks later, our students had 6 apps in the top 100

Contact: BJ Fogg - [email protected]

Page 29: Dave McClure Rob Fan Graphing Social Patterns: March 2008

Learnings from Stanford's FB Course

#2. Simplicity & clarity are key to app success

• Apps need to be easily understood (value prop)

• Apps need to be easy to use

The wrong direction:• Clever names• Lots of features

Contact: BJ Fogg - [email protected]

Page 30: Dave McClure Rob Fan Graphing Social Patterns: March 2008

Learnings from Stanford's FB Course

#3. Speed & flexibility in launch & iterations

• Many crummy trials beat deep thinking

• Flexibility beats quality

Deadly: Getting too attached to one app idea.

Contact: BJ Fogg - [email protected]

Page 31: Dave McClure Rob Fan Graphing Social Patterns: March 2008

Learnings from Stanford's FB Course

#4. Community cooperation leads to success

• Students helped others a lot

• Sharing code, tips, insights . . . all were present in course.

Contact: BJ Fogg - [email protected]

Page 32: Dave McClure Rob Fan Graphing Social Patterns: March 2008

Learnings from Stanford's FB Course

#5. Individual opinions about app are worthless

• Don't be swayed by one person's opinion.

• Just get the app out there and see what happens . . .

Despite everyone's supposed "brilliance" . . . • Often what seemed like a killer idea didn't work.

• Sometimes what seemed stupid worked very well.

Contact: BJ Fogg - [email protected]

Page 33: Dave McClure Rob Fan Graphing Social Patterns: March 2008

Learnings from Stanford's FB Course

#6. Copying success is a cheap/fast way to succeed

• Novelty isn't the best approach to apps

• If you're desperate for a win, just copy something that's working

Flipside: If your app is doing well, expect imitators.

Contact: BJ Fogg - [email protected]

Page 34: Dave McClure Rob Fan Graphing Social Patterns: March 2008

Learnings from Stanford's FB Course

#7. Metrics do matter, but today's tools are too weak

• Of course, instrument your apps to track viral aspects

• No one offers a winning metrics package (yet) -- not even GA

Our experience: Students often had to tweak GA and also create their own metrics tools.

Contact: BJ Fogg - [email protected]

Page 35: Dave McClure Rob Fan Graphing Social Patterns: March 2008

Learnings from Stanford's FB Course

#8. You CAN learn to create a winning app

• Success with FB apps isn't luck or magic

• Many Stanford teams succeeded

• Teams who failed at first later created excellent apps (like Oregon Trail)

Contact: BJ Fogg - [email protected]

Page 36: Dave McClure Rob Fan Graphing Social Patterns: March 2008

10 Million in 10 WeeksWhat Stanford Learned Building Facebook Apps

A Stanford Course during Fall 2007

Dave McClureRob Fan

Contact: BJ Fogg - [email protected]