"They used to be my goto publisher. "

Tim Oreilly is distracted and is missing the hunger of the early years. This happens to most people when they age and if it doesn't it's the exception. It also happens to businesses as well. They become complacent fat and lazy. Sometimes a near death experience brings them back sometimes they die.

All the talk of "we will be different this will never happen to us" doesn't change that in most cases.