this post was submitted on 02 Jun 2026
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This is going much faster than most private equity enshittification. That usually takes about 5 years to start. And has a system or hardware that makes switching painful. That doesn't apply here, it's easy to switch and almost a drop in change.
They are burning money so quickly that they don't have the luxury of using the "slowly boil the frog" standard VC tactic, so they have to start the boiling before the frog is comfortable.