This isn't true.
There are a ton of reasons, and it's more likely to forums not ranking well in Google. I don't think the forum's management is causing the downfall. I think management is near the best it's ever been actually.
There is a minority of members lost as well, but it's not the core reason. These people have outgrown the forum.
Years ago, Execs would basically all earn $10k+ per day. Now, it's totally different.
Exec and Jr Exec doesn't mean anything to the holder, but it does signify to the new members that this person has superior intelligence in the space. The problem is, a lot of these members don't make a whole lot of money.
I know a member here who's daily income would put most people's annual salary to shame but his Exec VIP status is always on the ropes. Members like that should be saved and welcomed. Instead we got dudes making $50/day thinking they have superior knowledge and noobs actually believing it. Also, that guy isn't the only example... a decade ago, there were some crazy earners on here.
I'd like to see a lot of these positions require minimum income. Maybe $250k/yr on paper. BHW could use a 3rd party verification that doesn't reveal the members exact income to BHW but they can release whether or not said person meets the minimums.
Idk, might be stupid, but just thinking. Forum will probably be sold realistically.