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C'mon, you want to compete with MySpace and Friendster and Orkut in 2004? Your business plan is to compete against Google and Friendster? (MySpace hadn't been bought by News Corp. yet, and I think I hadn't heard of it, but maybe an entrepreneurial-minded person would have.)

Better than writing yet another CVS. And many of the late entrants to social-networking did OK -- Facebook, Bebo, others regionally.

First: point. Second: was that foreseeable in 2004?

The people who succeeded (and their investors) probably think they foresaw it.

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