The "next facebook" has to come along eventually. I don't know how it'll distinguish itself from old-facebook, nor how it'll get traction to start with, but I'm sure it'll all seem obvious in retrospect. On the other hand the chances of any individual facebook-replacement taking off are fairly small.
If I were rich I'd set up a YC-equivalent in which I'd sling $30K at anyone who claims to be building the "next facebook". Think you can do it? Think you've got a new approach to the problem? Great, here's $30K, I'll take six percent, see you when you get your first hundred thousand users! One of 'em has to pay off eventually.
If I were rich I'd set up a YC-equivalent in which I'd sling $30K at anyone who claims to be building the "next facebook". Think you can do it? Think you've got a new approach to the problem? Great, here's $30K, I'll take six percent, see you when you get your first hundred thousand users! One of 'em has to pay off eventually.