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It's all well and good having people invite people they know, but isn't the hardest part of starting out the problem of not knowing people? Are people starting out not your target group? If so, will active founders who are running their business really share that much interesting chatter rather than just links a la HN?

Also if like-minded people invite like-minded people isn't there a massive groupthink effect?

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I would imagine that founders already in the network would want to encourage young, new and ambitious founders by inviting them in to the network. There they would be able to share their startup with the community and learn a lot in the process.

We already have HN for that, though it's less exclusive and cliquey, and, dare I say it, less ageist than what you are suggesting.

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