Nice article.
I think it makes people stronger if they are able to change their mind after hearing counter arguments. That bit is definitely missing for him. He is not only jeopardising the trust of the community, but also that of the advertisers and of future investors. I'm not sure which investor will be excited about an IPO.
He now got a giant mess. Sometimes it's good to step back and look what's going on. I hope he does that soon, but after spending to 2 days on Lemmy, I won't return. The damage is done.