Isnt this what facebook does? Except facebook is actually way more fun to use. Sure - they take all my information and sell it to the highest bidder. But I get cool "personalized videos" in return, for example. And all my friends are already on there - so they can do most of the CRM data input for me.
This is exactly what I don't want this product to become: Facebook. Facebook is social. Monica is NOT social. It's only for you. It's like your personal diary, except online. It's made to store things that shouldn't be seen by anyone. It's to manage YOUR personal relationships. It has nothing to do with a social community.