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Really sad that they gave this up to work on Makr.io
Didn't know what it was, so I looked it up. A meme generator. Aren't there enough of those already ?

I could maybe understand if they hoped to get money out of this. Does that seem likely (asking for opinions here, I really have no clue) ?

They could probably sell it off if they happened to get some traction, but given that it's been a week since they launched it and every item on the homepage is self-referential, the chances seem low.

Going from a Facebook competitor to this is just really sad.

Then again, maybe they've got something up their sleeve that we don't know about given that they're YC, but from what I've seen I have my doubts.

It seems as if the group were the only ones keeping the project going, and without them there won't be much more work on it.
Diaspora seemed to be heavily focused on the presentational layer of a social network, rather than the actual social network itself. That seems to have been premature. I like the approach of "Tent.io" much more. Simply work on building a consensus for a protocol that people can start working with.
Who can blame them? It's hard working on something nobody wants.
or "So long, and thanks for all the money."
Could someone explain to a slightly naive young man how these guys ever intended to have a viable business, if the premise of their product was that it would be free and outside of central control?