Sure <VC funded editor company> can have people spend years of their life working on something, but release it as open source because VCs are paying for it, and that leads to more mindshare, but it leaves a bad taste in my mouth. Similar reasons to not use VSCode (commoditizing the complement by using billions of dollars from other products).
The "must be open source (I think they actually mean free as in $$) at all costs" crowd baffles me because the money to support the humans creating the software in the real world doesn't just magically appear.