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I've seen the same, but with closed-source projects, and then there is zero hope of it ever being revived because no one can fork it. :(

At least with OSS, you have the power to patch it and recompile yourself.

I feel if the product is valuable enough and solves a real pain point, even if the backing company dies, an alternative will take its place.

I have also seen models where the source is made available just before that happens. For eg: https://www.placemark.io/post/placemark-is-winding-down