$258 million domestic box office along with an Academy Award for the last film hardly seems like "squandering the franchise," dude. One can quibble with the Abrams vision and the timeline his films depict, but saying the Trek franchise has been squandered when it's more popular and profitable now than it's been in many years is a bit much.
Trek's making money and it's alive. As much as I loved Enterprise
you couldn't say that when it went off the air.