It was always going to be infested with something or other, you don't raise $42M for just a text editor. Could be worse, a few years earlier it probably would have incorporated blockchains somehow.
The thing is, they will have to switch to maximizing monetization (or die trying). Those investors are ultimately in control, and while they are happy to gain market share for now, that's what they will demand in the future.
They will keep a free version for as long as it's working for them, but you will be monetized, one way or another, sooner or later, and you might not enjoy it.