The Sunday Times tech correspondent Danny Fortson, managing partner at venture capital firm NFX, to talk about the golden age of social media (3:00), the early social network he founded (5:10), the ice age (7:20), how social media is like railroads (9:10), the opportunity for social work apps (11:50), the chilling Facebook effect (13:00), the early days of Houseparty (16:), its moment arriving five years later (20:00), the buzzy Clubhouse app (21:00), how the idea of identity has changed (22:40), his involvement in the founding of Bebo (25:15), why being first isn't necessarily best (27:50), the paucity of founders (32:10), and why we shouldn’t underestimate Facebook (32:20).