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The company that creates one global social graph will be very important going forward. It will be Facebook, with maybe 2-3 local social networks able to sustain competition long term.

Yuri Milner
Long, Competition, Important
"DST's Yuri Milner: Facebook Is Going To Be The Social Graph That Unifies All Civilization". Interview with Charlie Rose, techcrunch.com. May 24, 2010.
The company that creates one global social graph will be very important going forward. It will be Facebook, with maybe 2-3 local social networks able to sustain competition long term.