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.
Don't you work for Planetscale? Why are you saying "they"? Were you affected by the layoffs?
[deleted]