"A group of kids with no experience or evidence of being able to execute who happen to catch a great marketing wind" describes many organizations that did become successful (including Facebook).
Facebook was Mark Zuckerburg's 3rd company. His second, Synapse Media Player, was a machine-learning-based music player that got 7-figure buyout offers from Microsoft and AOL when Zuckerburg was 17.
No. There's an important distinction as to when you catch the marketing wind. Facebook was executing like there was no tomorrow before they got any kind of attention like Diaspora had before they wrote any code.