Shareholders are the prime driver behind enshittification of platforms. Because they hold earnings calls every quarter and make the team extract more and more rents from their ecosystem, to make number go up.

But hey, the shareholder game already started when VCs bought in. I support every company developing a way for utility tokenholders to buy out shareholders. That way we fairly buy out the parasitic shareholder class so we eliminate the main incentives for enshittification!