I certainly see this pattern in late-stage startups, and it seems like for Airbnb it didn't work.
Maybe there's an in-between path. I wonder how Dropbox could have evolved if it had remained more loyal to its original root.
That's interesting, thanks.
Reminds me of small giants, which is a very similar concept: https://museapp.com/podcast/24-small-giants/
Oh, I meant for the bloated approach as for the reason why it didn't work out.