

Exactly this. “We have maxed out the amount of money we can extract from people and have reached diminishing returns on profitability.”
Why can’t anyone just create a billion dollar company that makes something people like and then be happy they can consistently earn $200m per year? Maybe ask the people what kinds of features they want and improve the service to increase the value to users once you need something for your staff to do when the product is complete.
Twitter was a prime example of that. They started out with something so simple and people loved it. Then they started adding all of these features and I’m really not sure it was worth taking on huge amounts of VC funding to bloat it out to the point of enshittification.