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Would "freemium" mean "currently trying to leverage free labour from external developers while gaining traction, at which point we'll switch to closed source with an abandonware 'free' version in order to extort companies who have found themselves with vendor lock into what they thought was free software but actually isn't"?

That's very often the path forward. The community usually doesn't invest a lot into those projects, so they rarely get forked into a community driven version. Some projects like that are also a minefield, because they mix code with different licenses in one repository.

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