Yep this is the explicit strategy. 1) fund growth off of VC cash at a huge loss; 2) when VC gets tired and no other VC wants to step in, turn to enshitification to provide the VC with liquidity options.

That’s it, that’s the playbook for the past 20 years and probably longer.

Warren Buffet has been pointing this out for at least 20 years. Bill Gates for at least 6. It’s crazy how the most famous billionaires haven’t moved the needle.

Vote these cowards out.

They need to be voted out because of this bootlicking.

Yes