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Ask HN: Making money on Facebook with ads?

I'm considering doing a little side project on Facebook. For fun, but it would be great to also generate some revenue.

My question is: does anyone know of success stories of Facebook apps that are ad-supported?

People keep telling me that you can't make money with ads/banners anymore. Is this really true? Would it work on Facebook?

( 3 comments | 5 points | on HN )
Re:Ask HN: Making money on Facebook with ads? by furiouslol on Monday September 08, 2008 @01:37PM (#298559)
Most of the really profitable FB apps incorporate some form of virtual currency system. Fluff friends is one.
Re:Ask HN: Making money on Facebook with ads? by mookie on Monday September 08, 2008 @09:34PM (#298994)
Just wondering if you have any stats to correlate with that assertion.
Re:Ask HN: Making money on Facebook with ads? by sfamiliar on Monday September 08, 2008 @01:53PM (#298581)
i listened to quite a few presentations from fb game developers at w2e a few months ago. they are largely ad-revenue driven. powerchallenge is making $8m. friends for sale makes around $1m. yeah, ad revenue is viable.