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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



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




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