"X was the last version with any features" is among the laziest of internet tropes.
It's fine to say that you don't like the subscription model, or the pricing, or telemetry, or "AI" thrown in everywhere, but saying that everything is "regressive feature simplification" is so obviously wrong and so easy to prove false that you're basically lying to our faces and pretending people won't notice.
You can program Excel functions in JavaScript, greatly improving the power of things you can do (especially in the web UI). Excel haa gained SVG support, all sorts of improved functions (CONCAT, TEXTJOIN, SWITCH), funnel graphs, a dark theme, better Pivot Tables, viable coauthoring (even with Sharepoint or OneDrive, coauth on Excel 2016 was rough) and so much more. That's just one app.
It's fine to say "I don't find this a good value" or "change X is a dealbreaker for me" but please don't degrade the conversation by telling obvious lies.