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.
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.
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As a customer, I might be interested to know if a vendor can continue to exist if they achieve only moderate success.
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.
This 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.