More notes on your best thesis, Umair; this is why I read you. But I think we could expand this idea: valley doesn't get culture.
 

You can think of the graph as a possibility space of potential 'networks' made possible by the edges connecting all nodes (though edges may lie dormant and unused).

So then a network's quantified 'value' (if you want to call it that) can be summed up with Metcalf's Law: N(N-1)/2. But a graph's 'value' would be quantified using Reed's Law: 2^N - N - 1. It's apparent why one would want to own a graph, not a network, however, as you move up to higher dimensional phase spaces (from a single connection (IM/EMAIL) to a group (chat/wiki/communities) to a group of groups (graphs)) it's harder to maintain and keep control over without staying as open as possible.

I'm trying to work on this problem, though it really is 'wicked' and involves what I call 'technosocial praxis'. Sorry if I rambled on...