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frendiversity

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Hehe, I used to think I was smart but it sure didn't amount to anything. I made a crappy dating website which in retrospect was a dumb idea. And then I figured out that pretty much everyone is smart if not smarter than me, so I wasn't very smart for thinking I was smart in the first place lol.

No, he's transforming it into a different service while getting value from the existing userbase. It's a way to make a popular tech company without relying on sheer luck that it gets a critical mass of users.