Step One: Provide an exceptional but unprofitable service.
Step Two: Drive out all competition because business model is unprofitable. Become the only service users want and become invested into.
Step Three: Enshitify to show the model can be profitable to investors. Users will not leave because they are already invested and competition is not strong.
Step Four: Go public, while continuing to Enshitify.
RedSnt@feddit.dk 3 weeks ago
Let the enshittification begin!