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I agree with all of this. I bet Craig does too.

What I didn't realize 1328 days ago was that Facebook had solved enough people's social network problems by that point. I came to Facebook late, and never really felt the need for FB or Google+.

I saw Alexis Ohanian give a talk at UofM last year. One thing that he related that I recall was that Paul Graham had told him not to fret about the competition (Digg). He said something to the effect of: "Let your competition kill itself. Just worry about not killing yourself."

I think that much is possible: it's Facebook's game to lose, not Google's game to win.