• xavier666@lemm.ee
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    1 year ago
    1. Startup releases nice product
    2. Product is cheap or free
    3. Startup gains huge customer base while burning through money
    4. Investors are interested
    5. When initial money runs out, startup either asks for VC money or goes public
    6. Now investors want more growth
    7. Product goes through enshitification to extract more money out of customers
    8. Product loses customers as it loses its original charm

    A tale as old as time