Firstly, I don't have a problem with BSL. I do think in general it's a bit of a slap in the face to build a business on the backs of volunteer contributors, and then close-source all your codebases which are comprised of their work.

Sure, when people contributed, they signed a CLA which gives Hashicorp the right to relicense the work (which has legitimate uses outside of killing open source, such as giving them the ability to make that software available under other terms in addition to their open source offering)

But when as little as a year ago they promised "We remain committed that the core of our technology will always remain open source." (https://web.archive.org/web/20220703202305/https://www.hashi...)

it gives whiplash to the people who contributed based on that promise.

Actually, I don't even know if this is legal, but even if it is, it's a huge violation of the trust of outside contributors to their software products.

> The entire "space" has yet to prove to be sustainable.

I agree that it's unproven, but this downturn has made apparent that so are the majority of software companies which have not IPOed and shown a sustained profit for 5+ years.

I'd give Uniswap pretty good odds of outliving the majority of YC startups.