I think of all people, Taylor deserves the benefit of the doubt. In his Q&A today, he was adamant that this was mostly a way to build more ambitious tools faster without risking his own capital (even though he probably could have paid for it all himself).
We've seen a similar playbook with Basecamp and their influx of cash from Bezos back in the day. Taylor really leans into the DHH philosophy of business/programming so I still think it's too early to take this as a "sell out".
That said, all good things come to an end. I hope Taylor will always have the decency to at least go out on good terms with the community and not let the whole thing just crash and burn because he sold off too much equity to bad faith investors.