Without knowing the financial history of the place, it seems a good case study in something that could have gone for the sustainable stalwart of the internet path but instead fell to the dark silicon valley profit/growth side of things. With wikipedia being the only great success (AFAIK) at forging solid and sustainable foundations for the internet, I suppose the lesson is that it has to be non-profit, or open-source (or both) from the beginning.
In a way, it is kinda on many of us for not realising this and pushing against it sooner.
One of the great things coming out of the fediverse (and bluesky too at the moment) is all of the open software being developed that will hopefully plant seeds that will last a long time.