They're doing the right thing. It's a killer business but this isn't 2020 ZIRP. If a company isn't profitable, it's not going to inspire trust, and this will hinder its growth and cost it deals. In addition to the tough VC market. At 39$/m, PlanetScale is a no brainer. Anyone with any clue will use this platform to build, and with these changes there's no doubt as to whether they will be there in 2y or not.
Again I don’t fall out with the changes, but your statement “If a company isn't profitable, it's not going to inspire trust” is pretty nonsensical - have a dig into that, clearly you’ll be surprised..