I haven't been in SF long but I find it fascinating how much people care about the valley popularity contest. Nobody, including Ted needs to be friends with the whole bay area to make a great company. Startups are about great products and customers who somehow pay for them. In the end VC's and customers don't care if everyone likes you or not. I understand the need to create a buzz but too much stock is given to what amounts to glad-handing, over-networking, pseudo-friends.
Friends are useful. You might want to go back and read the story of iLike's scaling issues when the Facebook API came out. If everyone hated them, no one would've lent them servers, and they wouldn't have benefited from all the free exposure that got them.
Man. Uncov makes me laugh extremely hard every time there is a new post. Its funny, and thats why I read it (laff=goodforthesoul). Ted has a sense of humor that makes you think. After his beatdown of Zoho, I was hooked.