[starkparker]

> A company that raised $126M at a billion-dollar valuation spent five years methodically dismantling the open-source ecosystem it built.

Sounds like Puppet's story. $180M raised, ~$1B valuation ca. 2019, sold to Perforce in 2022, public repo taken private and builds commercialized by Perforce in 2024, community fork shipped early 2025.