this post was submitted on 05 Oct 2024
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But they are/were publicly traded.
Being publicly traded inherently means you need to show growth every 3 months or your shares are worthless. Cue the enshittification and squeezing pennies from every revenue stream possible.
That's the sole reason Valve hasn't gone down that path is its status in this regard.
That is a VERY good point. Let's hope it remains that way. Reddit was private once too.