Lots of VCs and investors pumped money into AOL and non-monetizable dotcoms, too. Having lots of capital might have enabled Facebook's short-term success, but

Lots of VCs and investors pumped money into AOL and non-monetizable dotcoms, too. Having lots of capital might have enabled Facebook's short-term success, but you need a lot more than capital to sustain a compelling product and maintain a market over the long term.