Does anyone know?
That said, I think there's something interesting about building out an audio platform with "no VSTs" as a constraint - about 6 years ago I was convinced that the web was a deadend for even middling complexity audio projects when I saw Bandlab at NAMM, and I was very wrong. It seems like the value of a DAW that you can fire up in a browser and instantly access all your projects/share them with your friends is more valuable than having no plugins and crashing after hitting browser tab memory limits. And looking down the road it frees you from the serious problems with native plugins and current plugin APIs.
Creatively it was very freeing. Naturally, plugin envy eventually crept in and I was glad when they did add VST support, but I miss the ease of use and portability. And you got to know the stock effects inside and out which offered some streamlining in workflow.
We've seen the wheel re-invented many times and would prefer to work on something other than the wheel again. Stuff like solving user problems and making money.
Meanwhile you have the coworker who uses some new but soon to be deprecated language/framework on every project, leaving a field of unsupportable debris in their wake..
Somewhat similarly, I feel like the boring/mature infra often gets ripped up in favor of something hip and new by a CIO who wants a career checkmark that they "modernized" everything. Then they move on to the next company and forget the consequences of breaking what was stable.