They've raised $68.2m they no longer have the option to make a really great product that follows the unix philosophy. They have to do anything they can to attract enterprise customers which is where the real investment-justifying money will be, and for the most part that means having an infinite list of features at a competitive price.

Granted, for selling out to VC they've still done a good job with design and product. But they have one path through their self-imposed blizzard and the footprints leading the way are clearly marked "Evernote".