3 ms·
That is not new, just new with APIs. The usual cycle with startups is to: - Start being very open, as this brings people developing over the platforms and gen
by dakial1 8mo ago
That is not new, just new with APIs.
The usual cycle with startups is to:
- Start being very open, as this brings people developing over the platforms and generates growth
- As long as they are growing, VC money will come to pay for everything. This is the scale up phase
- Then comes the VC exit, IPO or whatever
- Now the new owners don't want user growth, they want margin growth. This is the company phase
- Companies then have monetize their users (why not ads?), close up free, or high-maintenance stuff that do not bring margin
- and report that sweet $$$ growth quarter after quarter
...until a new startup comes in and starts the cycle over again, destroying all the value the old company had.
A mix of Enshittification and Innovators Dilemma theories