Does anyone know what is their monetization plan, or if they even have one? Editor with even this much polish takes a lot of time and effort. How is it being funded? Can we expect useful features to progressively get locked behind subscription as it grows in popularity (a la Gitlab)?

Edit: Nevermind, found it - https://zed.dev/faq#how-will-you-make-money. Interesting charter.

    We envision Zed as a free-to-use editor, supplemented by subscription-based, optional network features, such as:

        Channels and calls
        Chat
        Channel notes

    We plan to allow offer our collaboration features to open source teams, free of charge.

Edit 2: They have apparently also already raised money via private equity. I am quiet soured on "free" products which will almost always be enshittified as the pressure to turn profit grows.