And that's why most of these endeavors are doomed to fail. Every time they enshittify one service there's a new one with attractive UX that VC's essentially pay

And that's why most of these endeavors are doomed to fail. Every time they enshittify one service there's a new one with attractive UX that VC's essentially pay you to use instead. And so the previous investment would be lost if they couldn't dump it on naive stock traders by going public before the cat is out of the bag.