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At the moment the release of Starfinder seems conservative. Not much staff going to it exclusively, one monthly line and one yearly line, so at least for the first year its not going to split Paizo in two. But I think in regards to Pathfinder and it's rate of release it would be more problematic for Paizo if its successful than a flop.
Think about it. If it fails then they didn't commit that much resources to it, they have one or two core books with one or two APs and it's a complete game that had a thing and will either continue on through third parties because its OGL or die a quiet death while we play Space Pathfinder with the material we already have on hand.
If it succeeds to a huge degree then it could eventually rip Paizo in half which could be good or bad. Every once and a while we get compaints about how much Paizo has put out so far and that the game is bloated and getting more bloated. If you go to general RPG forums Paizo gets a lot of hate for it too. With so many ideas already out it wouldn't be too surprising that they'd slow down, especially if Starfinder steals sales. Also Starfinder is trying to be its own game, be compatible and be streamlined based on the lessons learned from Pathfinder so if the core rules prove to be successful I imagine home games would start converting things to Starfinder's base to run Pathfinder games. Then there's the demand for more and more from Starfinder, meaning that it could end with both games getting a yearly hardcover, a monthly AP, and a monthly softcover. Or even worse. if Starfinder is so successful that it steals sales from Pathfinder then Pathfinder may wind down to start a new edition that conforms more to Starfinder's base and Paizo would instead lean on Starfinder heavily until the transition blows over. And then there's the potential for books, comics, games and the works.
Now I don't think all that stuff is going to happen but its a snowballing hypothetical example of how Starfinder being successful is more
I love Pathfinder too, I'm a big fan of kitchen-sink settings (My old group used to Spelljammer in Planescape back in 2E, for example. Sigil was at the precise center of the multiverse and every universe involved). I may not agree with some of the stuff the company/employees do, and I may wind up at odds with a good portion of the fanbase for my extremely liberal takes on the rules (I for one am fine with Sacred Geometry). I'd be sad to see it go (Waiting for more Tian Xia people! Where's my kung fu mysticism!?)
But I don't think they're going to shut down Pathfinder. It's their biggest product, period. Last I heard it dominates the market still. I doubt the folks at Paizo are willing to shoot themselves in the foot. They're prepared for this, and by the time it has enough demand to warrant expansion, they'll have enough to snag a few more people to work on it.
Besides, let's face it... Pathfinder is running out of non setting specific stuff to do.