Buddy Media…Crushing It

Posted by Howard
on November 28th, 2007

The Lazerows are cranking out growth inside of Facebook with their new AceBuck stores . Now the cool kids have a currency and a place to trade shit :) .

The process is simple: If you choose to use Ace Bucks as your currency, then they handle the transaction process for you. Prefer another form of cash (US dollars, Canadian dollars, etc.), then the buyer and seller handle that transaction privately using PayPal, check or credit card of any other form. Shipping is also handled either in Ace Bucks or in another currency. AceBucks is also becoming more valuable for those who earn them because of the huge additions to the AceBucks store.

Bottom Line: This is important because AceBucks are going to be a hit with Facebook users. This also opens up Facebook into a more interactive forum, and will definitely boost the new company page sales, as well as advertising. So far, 1.5 million people have signed up for Buddy Media applications and over 50,000 users install new applications everyday.

One more announcement – Buddy Media acquired one of the bigger Facebook Apps and developers as well with CRUSH .

The way I see it, Buddy Media is cornering the Facebook dating market and currency market.

Here is what Mike says -

The addition of Crushes to Buddy Media’s application portfolio gives the company one of the leading pure-play dating applications on Facebook. More than a million Facebook users have installed Crushes and 30,000 use the service each day. Crushes will be combined with Buddy Media’s Matches app,which currently has more than 230,000 installs. Buddy Media will also integrate AceBucks into the application.

Disclosure – I am an investor…and friend

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