I completely agree with Jason. The way Diaspora is starting goes against everything I've learned in my experience with startups. Unexperienced hackers raising a ton of money without as much as an MVP to show for it seems like a recipe for disaster. Probabilistically, they will fail, especially without any outside influences or wisdom.

I can only hope these kids have connections with people (and resources, such as PG essays) which can help guide them in making smart decisions. And I hope they listen.