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by gmerc 1074 days ago
Nah it happens to all public companies (see hasbro with magic/d&d) even when users are not the product.

It happens when nobody wants to be the first to show flagging growth and investor expectations have not reset yet after a period of growth.

It’s just easier in tech to manufacture growth metrics you cant get checked on

2 comments

Sure, but in those industries the users leave, the company suffers and the executives get fired. VC are attracted to moaty business models where users cant leave.
> the executives get fired

By fired, do you mean receive multimillion dollar payouts and jobs from their friends at another place where they can do it all again?

d&d has weak network effects. wotc overestimated the effect though