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I really believe that this industry is just in its infancy. None of the incumbents are guaranteed total domination into the future and there’s no reason to believe that the long tail of niche social networks won’t prove economically viable, individually a
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And we are getting to the point that some web 2.0 companies are going to start failing. VCs will keep bad investments alive for a while, but they won’t pour good money after bad forever. We’ve seen some web 2.0 companies close their doors and we are going
