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Yeah, if a non-VC-funded vendor is making a small profit while paying everyone's salaries they're pretty likely to still be around in a few years. A VC funded v
by plorkyeran 2y ago
Yeah, if a non-VC-funded vendor is making a small profit while paying everyone's salaries they're pretty likely to still be around in a few years. A VC funded vendor that's making a small profit but not growing won't be.
- uhhhhhhh 2y agoThis I believe is the root of enshittification. VC/private equity requires growth levels that are unsustainable and the focus on that destroys the long term prospects of a lot of companies that otherwise would provide great value and support themselves. So the ones that game marketing for revenue (badly developed or designed features, overselling, etc) win over those that provide real value.