It seems like the enshittification life cycle directly results from the involvement of venture funding, since it requires the infusion of capital to allow opera

It seems like the enshittification life cycle directly results from the involvement of venture funding, since it requires the infusion of capital to allow operating at a loss in the beginning, baiting users onto the platform while killing off competitors. By contrast, the Basecamp approach of bootstrapping cannot make the initial first step of operating at a loss by definition.