What do you think of all the hype around Ello? (New social networking platform)

Wikipedia is easier to police than Facebook. You need hundreds of employees to make sure that everything runs smoothly; like for instance making sure that people don't post pornography, death threats, etc.

At this point I don't think that anything will defeat Facebook. It's just gotten too big and too well ingrained in peoples daily lives. Habits are hard to break. Bing failed at trying to get people to switch over from Google, because people are already too used to searching with Google.

<p>I think you just made my point. Because you need so many people policing the content, Wiki style would be a benefit.</p>

<p>Also, it may be ingrained to the later generations way of life, but incoming generations won't touch it with a ten foot pole. Once it became the place for parents (and grandparents), it lost the interest of the children.</p>

<p>Mind you I have no empirical evidence to support this, just based on anecdotal discussion.</p>

I've read articles which predict the exodus of teens and early twenties users from Facebook, but the data doesn't support it. Still, 84% of teens and early twenties users are on Facebook. That means that they sign in at least once a month.

http://www.washingtonpost.com/business/technology/facebook-still-leads-social-media-but-sees-slower-growth-among-young-users/2013/12/30/8dedbd64-7161-11e3-8b3f-b1666705ca3b_story.html

What's happening is that teens and early twenties users are just using multiple sites instead of just Facebook. So, they have Instagram, Snapchat, Facebook, etc. accounts. Each one is for a specific purpose.

"On Facebook" and "Active on Facebook" are two very different metrics. It's great to have a user base, but you want them engaged.

Seems that younger users don't care for it...could be that people don't want to be on a social network with their Mom. I know I don't.

Once upon a time, AOL was considered "too big" to be unseated. Ads used to have an AOL keyword name in addition to, sometimes instead of, a URL. Now they are a dinosaur. Could happen to FB too, especially if something better comes along.

Also, ello sudden rise is basically due to outrage among the cross dressing community, since Facebook won't allow them to use their stage names on their profiles. I predict that this site will have it's 15 minutes of fame like the app Yo did, and will then quickly fade away into obscurity within a couple of months.

I've got a pivot for Yo.They can become a QR code company.

You see a Yo on a window or sign and it's a QR code also .

Mike wrote: "its a pretty basic social network with the bare minimum of features" and yet "its about to get somewhere".

Really. How about we go for a round of drinks Mike and I can tell you all about my startup.

There's a reason it looks very basic. They are going to keep it ad free and sell features. I think if they can keep it clean looking and sell features it will take off. When they try and sneak ads on there too it'll be the end of the concept.

So you're saying you'll pay for features? The death knell for startups is listening to people who say..

a) I won't pay but I'm SURE someone else will

b) I can see myself paying for it.