While all the sarcastic responses are funny there is a serious point here. If you're a technology VC you get a skewed view of the world because... 1. Everyon

While all the sarcastic responses are funny there is a serious point here. If you're a technology VC you get a skewed view of the world because... 1. Everyone you interact with (Entrepreneurs, Journalists, Fellow VCs, etc...) is crazy for Social Networking which makes them very active. 2. You see abstract statistics like "55% of all adults over 12 use Facebook" or "73% of all U.S. Internet users are on Facebook" These two facts lead you to believe Facebook is this massive, unstoppable movement that will rule the world. But in my experience (as a passive Facebook user myself) only about 10% of the people I've friended on Facebook actively post material on a regular basis (maybe a little higher if you count status updates alone as activity). I saw this same thing when I worked in the Valley at the very end of the 90s. The people there thought ideas like Webvan and the original Pets.com were genius because everyone they knew wanted to do all their shopping online. Only after those startups failed did we realize the rest of the world wasn't as enamored as we were.