This article really bothers me. I don't know why. https://dev.to/appwrite/announcing-the-appwrite-oss-fund-4ilg
It's somebody who loves open source and want to work on it more than anything, but was feeling the financial crunch of not having any income come in. I'm like "yeah yeah I get that! Me too!"
And then the tone changes to "So to fix it I raised an 8.5mil seed round and hired 27 people!"
VC sets you up for failure. At least the project is open source so the users who trusted them can run the software after they shut down.