Companies running for the same average Joe and forgetting about other groups of people leads to quick deaths of services.
I'd argue that the issue isn't numbers, but relevance. G+ is lousy in many ways but has a few small areas of success, notably its Notifications mechanic, a community which, for me, works fairly well, and a search which while pathetically under-featured is comprehensive and fast.
Winning the numbers game for social vs. Facebook in its current incarnation is a fool's errand. Numerous people have pointed this out, including ex-Googlers pointing at the "Interest Graph" (though suggestions for following / pursuing this date to the first few months of G+).
If Google does grab the Cosmo crowd, that's fine, so long as it doesn't also chase off the Nature/PLOS crowd in the process. Unfortunately, Google's proven more than happy to sling absolute snot (as in the G+ "What Snot" feature ... oh, no, that's "What's Hot").
Power users learn how to disable that instantly.
That crowd is way bigger than the crowd that hangs out at places like HN. So it would make sense for G+ to go after them, no? This is a numbers game.