Companies have been self-immolating for short term gains since basically forever, so that is nothing new. Raising interest rates have definitely pushed some lon

Companies have been self-immolating for short term gains since basically forever, so that is nothing new. Raising interest rates have definitely pushed some long-term money losers over the edge though. Rather than subsisting on ever more funding rounds they now need to figure out how to make money out of their huge "free tier" subscriber base and the quickest way is to start charging them money. Predictably, the people who formerly got valuable stuff for free are not fans of this idea.