Here is my take: The company could not sustain itself since its beginning and always needed vc money- specially for growth. But growth somehow became the modus

Here is my take: The company could not sustain itself since its beginning and always needed vc money- specially for growth. But growth somehow became the modus operandi and that did not change with the IPO. Fresh money was coming in but certainly not enough to live up to overhyped expectations such as building a creator market, serving a yet to come "metaverse" and competing with fortnite-funded epic games. The company tried to get into many different markets simulanteously and underestimated the associated costs. At the same time technology did not advance as quickly as desired and vr & metaverse went nowhere.