https://en.wikipedia.org/wiki/CyanogenMod#Restructure_and_ce...
Honestly it looks to me that they just ran out of runway and dissolved into an internal power struggle, then someone representing the investor side of things came in to shut it all down and recover what could be salvaged.
"We will take pride in our Lineage as we move forward and continue to build on its legacy."
They did start replacing a couple of the open source apps with Google versions, though (like the browser.)
The payment is your private information.
It actually makes sense as a business model, but they messed up by backstabbing their first customer (after contracting with OnePlus, they signed an exclusive contract with MicroMax that no other company can sell cyanogenos in India, which, had OnePlus not made OxygenOS, would have killed them.)
It was probably the stupidest move they could have done, as no company would trust them again, and lost them all the goodwill they had.
There are plenty of people in the business world that screw so many people, businesses, banks and they still manage to continue doing business. I wish there was a name for it. Madoff is an example: even after people warned others about his business being a scam he still continued doing business until he collapsed on his own. Nobody brought him down, he did it to himself.
The big lie is what they teach us as young kids, that honor actually means something.
Power is might, and if you have it nothing else seems to matter, virtually always.
If you screw your 100th customer, you have 99 customers who are pretty likely to write it off. If you screw your first customer, it's a warning to others.
When they incorporated, a lot of people hoped it would help sponsor development (while others, suspecting what would happen, forked into OmniRom).
Unfortunately, once they incorporated, the company spokesman (McMaster) went against the whole original culture (they installed bloatware on their phones) and generally spoke without thinking (kill Google, etc.).
Now, they're seen as a weak wannabee Oracle.