Stop asking: “Does the world need another social network?”
Do we need another social network?
A recent Valleywag article asks whether UnitedDogs.com, a social network for dogs and cats, is "a social network too far." I heard a similar question earlier this week, when I heard a senior VC ask, "Do we need another social network?" I think it’s time to stop asking this question.
Ultimately, the point of contention can be reduced to your view of social networks:
- Are social networks a simply new "product category?" Meaning, there are email sites, shopping sites, and now, a new category of "social networking sites?"
- Or, alternatively, are social networks a "design principle" that spans across product categories?
I’d argue vehemently that social networks are #2. That is, given enough time, our label for "social sites" or "social network sites" or "web 2.0" will simply mean "website." The reason is that social software is part of a larger trend of read/write web. Just as many website incorporated ideas like comments, or forums, or even navigation bars, I believe the advantages of having extended profiles that represent social relationships will be on nearly every site.
Does the world need another dog website?
So when you ask, does the world need another social network (for dogs?) the real question to ask is, does the world need another dog website? To me, that’s sorta like asking, "does the world need another piece of software?" The answer is almost always yes ;-)
(This is with the caveat that the world needing something doesn’t mean it’ll be a billion dollar company, or it’ll get to 50 million users, and so on)
The big paradigm challenges for Web 2.0
If you’re with me so far, and something that’s moderately difficult today (building out a social network) turns into something trivial and ubiquitous, what are the problems that remain?
- Lots of fragmented data about individuals and their social relationships
- Lots of fragmented support of applications AKA widgets
- Lots of fragmented authentication data like logins, passwords, and other info
- Lots of fragmented websites where it’s hard to find the best information
- And most importantly, on top of this, the big players (like MySpace/Facebook) aren’t incented to make this interoperability work
Of course, this is not much different than where we are today – in the desktop and Web 1.0 world, we have a million logins, dozens of different applications that don’t work together, we use Google to sift for information across a zillion sites, and we accept all of this.
That said, whoever can make the leap of where the Web will be in the next paradigm will go, and solve these big problems, will be the next Bill Gates ;)
Related aside: I’m curious why none of the social networks has actually widgetized themselves and syndicated them to other sites. They are definitely very "walled garden," even Facebook, and want to retain all the traffic inside of themselves. Another way to approach this is for Facebook or MySpace or one of the big players to add all of the Facebook functionality to their sites, but the data is kept on Facebook servers. That’d be a pretty disruptive thing if you felt you could control the gateways for social communication between many different websites.
PS. Get new updates/analysis on tech and startupsI write a high-quality, weekly newsletter covering what's happening in Silicon Valley, focused on startups, marketing, and mobile.
Views expressed in âcontentâ (including posts, podcasts, videos) linked on this website or posted in social media and other platforms (collectively, âcontent distribution outletsâ) are my own and are not the views of AH Capital Management, L.L.C. (âa16zâ) or its respective affiliates. AH Capital Management is an investment adviser registered with the Securities and Exchange Commission. Registration as an investment adviser does not imply any special skill or training. The posts are not directed to any investors or potential investors, and do not constitute an offer to sell -- or a solicitation of an offer to buy -- any securities, and may not be used or relied upon in evaluating the merits of any investment.
The content should not be construed as or relied upon in any manner as investment, legal, tax, or other advice. You should consult your own advisers as to legal, business, tax, and other related matters concerning any investment. Any projections, estimates, forecasts, targets, prospects and/or opinions expressed in these materials are subject to change without notice and may differ or be contrary to opinions expressed by others. Any charts provided here are for informational purposes only, and should not be relied upon when making any investment decision. Certain information contained in here has been obtained from third-party sources. While taken from sources believed to be reliable, I have not independently verified such information and makes no representations about the enduring accuracy of the information or its appropriateness for a given situation. The content speaks only as of the date indicated.
Under no circumstances should any posts or other information provided on this website -- or on associated content distribution outlets -- be construed as an offer soliciting the purchase or sale of any security or interest in any pooled investment vehicle sponsored, discussed, or mentioned by a16z personnel. Nor should it be construed as an offer to provide investment advisory services; an offer to invest in an a16z-managed pooled investment vehicle will be made separately and only by means of the confidential offering documents of the specific pooled investment vehicles -- which should be read in their entirety, and only to those who, among other requirements, meet certain qualifications under federal securities laws. Such investors, defined as accredited investors and qualified purchasers, are generally deemed capable of evaluating the merits and risks of prospective investments and financial matters. There can be no assurances that a16zâs investment objectives will be achieved or investment strategies will be successful. Any investment in a vehicle managed by a16z involves a high degree of risk including the risk that the entire amount invested is lost. Any investments or portfolio companies mentioned, referred to, or described are not representative of all investments in vehicles managed by a16z and there can be no assurance that the investments will be profitable or that other investments made in the future will have similar characteristics or results. A list of investments made by funds managed by a16z is available at https://a16z.com/investments/. Excluded from this list are investments for which the issuer has not provided permission for a16z to disclose publicly as well as unannounced investments in publicly traded digital assets. Past results of Andreessen Horowitzâs investments, pooled investment vehicles, or investment strategies are not necessarily indicative of future results. Please see https://a16z.com/disclosures for additional important information.