For certain amount of fast growth: yes. Then there's continued "growth-hacking" and enshittification to keep fast revenue growing after the pain point has been solved with dark patterns and questionable tactics.

Why? Because investors poured a bunch of money in to support fast growth and now they want their money back. And incremental growth won't do. Since 9 out of 10 of the investments fail, the surviving one has to continue to growth-hacking revenues.