Earlier quoted context omitted.
AGPL + commercial license is a solution for keeping a project open while avoiding the situation where profit goes to cloud hosting. Is there a better solution?
Unfortunately you can't do commercial licenses unless you take full ownership of each and every source contribution. So, it means there is zero guarantees the project stays open. AGPL without that is a non starter for commercial usage.
The AGPL is absolutely viable in commercial contexts. There are a handful of companies that have hangups about it, but the industry overall has long since realized that it is almost identical to the GPL for most practical purposes.