It's definitely niche in the world of VC. Take Twitter. The hope was that they would be the new Facebook, which basically everyone uses. While Twitter may have a lot of users, they aren't growing, and it's pretty clear there are basically two groups: Twitter users and non-Twitter users, and non-Twitter users don't see much reason to use it.
But in the hopes of getting everyone to love Twitter, a lot of people think they lost focus on their existing users, which didn't make their existing users happy but never ended up enticing significant numbers of non-Twitter users either (FWIW I am in the "non-Twitter user camp", so not complaining they broke my experience)
But in the hopes of getting everyone to love Twitter, a lot of people think they lost focus on their existing users, which didn't make their existing users happy but never ended up enticing significant numbers of non-Twitter users either (FWIW I am in the "non-Twitter user camp", so not complaining they broke my experience)