Alyn Family

For those of you who don’t know, for the last 6-7 months I’ve been working on a Facebook application called Honesty Box. Honesty Box lets users on Facebook send each other anonymous messages and replies knowing that there’s a level of protection built in that reduces the likely-hood of spam because of the close nature of the social network. Dan Peguine, a co-founder, hired me to assist him and his partner in June with the explosive growth of the application and I’ve been working on it ever since. Adonomics is currently the benchmark by which applications can guestimate their worth in the marketplace. Of course this estimate and finding a buyer are two different things, but it’s an important gauge of the applications value. We have been tracking our “worth” through Adonomics for a while and have seen some interesting phenomena. Today when I checked our valuation, we were at $6.2 Million! (more…)