Earlier quoted context omitted.
I see what you mean. I meant more that they genuinely believe the tech is dangerous, not that they are necessarily doing the right thing.
If they genuinely believe the tech is dangerous, how would it be acting in "good faith" to keep developing it, prepping an IPO, etc.?
The fact that he would suggest this despite preparing for an IPO is an even stronger signal that it's in good faith -- it will almost certainly delay or reduce the valuation of the IPO.