[tibbon]

I guess it just points out that technology != valuation. However, it also highlights that what Secret is doing isn't terribly special (nor Twitter, etc) and that they have a pretty reasonable chance of someone swooping in and taking over their market (happened with MySpace for example) at some point if the community becomes bored.

[lhnz]

You don't understand how powerful network effects are.

[trhway]

network effect works both ways