Is the plan to make a new app every 5-10 years when the old one crashes and burns for the same reasons? Surely the VC money will run out at some point.
Obviously it’d be nice if it was the first social network not to either implode (Livejournal, Tumblr, Twitter), or fade into irrelevance (Friendster, Bebo, MySpace, Digg), or just ossify into mind-numbing tedium (Facebook, LinkedIn), but, well, if it does, presumably there’ll be another one along at some point.
(I realise that you could probably argue Digg either way, here. Digg had a multi-paradigm end.)
If they keep making them, I'll go with it.
I don't think that they're making identical mistakes, but we can't assume that it will last.