> make new social app
> invite only
> people join, claim that this is the next big thing because of the community
> app opens up to public, immediately starts sucking
> repeat

how long until we just accept that there will be exclusive social apps, just like there are social clubs, country clubs, etc?

Also …. ephemeral social apps are coming. The bold prediction will be an app that spins up and is used by 100 million people during a 48 hour period and then it goes away. 

These sorts of apps will make money on crypto based micro transactions that’s a natural part of using the app. 

FC social graph FTW