It is more important than ever that the social web is not controlled by corporations. Today, Mastodon is taking another step towards its founding ideals: independence and non-profit ownership. We're transferring ownership of key assets to a new European not-for-profit entity, ensuring our mission remains true to a decentralised social web, not corporate control.
I do not think that is a factual representation of the team dynamics, but of course, you are free to choose that interpretation.