Well, hello there and welcome back (I guess). What I'm wondering is does the Internet need another social network today, in late(ish) 2016? With the sheer numb

Well, hello there and welcome back (I guess). What I'm wondering is does the Internet need another social network today, in late(ish) 2016? With the sheer number of people online today (be it via the web or mobile) and the undeniable usefulness of social networking to the users at large, I'd say the answer is yes, sort of. Would he (they) be able to (re)gain critical mass? I'd say my guess is as good as anybody's guess, but with the still lingering brand recall of orkut of the past, he has a better shot at it then, let's say, a totally new entrant. Also, I did not find any info on how this is funded - it would certainly be interesting to know something about this.