In California this week (ending today) there’s an interesting conference underway called "Graphing Social Patterns" generating some interesting coverage from ReadWriteWeb. One of the more fascinating write-ups is a panel session that distills much wisdom from a class held last semester at Stanford University called, simply enough, "Building Facebook Applications." In 10 weeks, over 80 students created over 50 Facebook apps that resulted in an incredible number of installations: over 20 million!

ReadWriteWeb has this to say about what the class learned in a helpful top 10 list. I found these to be most fascinating and worth sharing:

• Cooperation/collaboration proved to be the most successful ingredient of the innovation process.
• Copying success is a cheap and quick way to get noticed.
• It’s a learning process. Code for: don’t be afraid to make mistakes and tweak it later.