Tom Morris on Nostr: Someone makes a hammer. It's useful. They sell it to people who need hammers. ...

Someone makes a hammer. It's useful. They sell it to people who need hammers.

VC/private equity sees that hammers are useful so buy a stake in the hammer company.

They seek to increase hammer sales by convincing people who don't need hammers to buy them by adding pointless "enterprise" features that make the hammers more annoying.

They also seek recurring revenue by making worse hammers and switching to a monthly fee.

Hammer users find it all ridiculous.

Welcome to the tech industry.