Andrew is very passionate about IRC as you can see from the post. Most people developing IRC projects do it in their spare time which makes progressing them difficult. This was my personal position back in November. Since I was hired, I have been able to work on Kiwi IRC, introduce many new features and grow the project, all while the project is still open source. The biggest part - Andrew/LTM does not own kiwiirc. That is purely a separate project that he wanted to grow and he did so without taking ownership of it.
I have always been pushing for open sourcing projects - especially in the IRC community as it needs projects to flourish to compete with alternative and closed sourced messaging systems. I am now starting irc.com with funding from Andrew and London Trust Media with the exact same mindset. Hopefully we can combine and push IRC standards with the existing IRC community - that is, existing IRC server and client developers that may not have anything to do with irc.com.
For the IRC networks such as freenode, they are a vital network for open source developers and communities which I think we can all agree would be very upsetting if that was to be interrupted. London Trust Media has had no interference with the running of the network and does not plan to, other than providing sponsor support to keep the servers running.