Tech company lifecycle:

Year 1-3: Change the world
Year 4-7: Monetize the world
Year 8-10: Congressional hearing about what you did to the world

@JA Westenberg Year 11-∞: Decide who rules the world
@Daojoan Year 10+, crumble through enshittification
@abbiistabbii @Daojoan
… and complain that a foreign regulator is bringing down the civilized world.
@Daojoan
I think nowadays, we skip that last step.

@Daojoan that's the ones who are "successful" for the other startups it's

Year 1-3: Change the world
Year 4-7: Pivot to a less ambitious idea for changing the world
Year 8-10: Send out the "our incredible journey" emails

@Daojoan and everyone wonders why employee retention past a 5 year horizon is so hard for tech companies
@Daojoan because VCs want their cash-out around year 8
@Daojoan
Congressional hearings are soon to become a relic if the past.
@Daojoan exactly 😂
Sorry if this appears twice I'm new on here ,can I get a follow,by the way I like what you ur out on here xxx
@Daojoan It feels optimistic for the current tech companies.
@Daojoan
Move fast, break things, go broke…
@Daojoan A.K.A. Enshitification
@Daojoan @shom for many founders, I think this is the *dream* business plan. Like, this is the goal, and what they hope will happen. Think of the impact they had!
@Daojoan Had to scroll back for this one cause, yeah...