I feel like what hurts this the most is lack of brand recognition - half of the people in the comments are asking why they should trust them and rightfully so. When you look at the individual components, like Nextcloud, you know that the company behind that project is interested in making it work. You know that Nextcloud, GitLab and others make money through their enterprise offerings and probably aren't too interested in selling their users' data or finding other alternative ways of monetizing their platforms.

When a seemingly random company pops up and just rehosts a number of these FOSS platforms, you tend to be skeptical of their motivations or offerings, seeing as they make bold claims about otherwise insignificant platforms, especially given how often you hear untrue statements about privacy nowadays and even moreso if you don't know or care about their history: https://en.wikipedia.org/wiki/OpenDesktop.org

Personally, i applaud their efforts and attempts at popularizing these tools and platforms (as someone who self hosts OpenProject, Nextcloud, GitLab, Rocket.Chat and many other pieces of software that i use myself), however i fail to see where their target audience lies: the majority of people who don't care about their privacy will simply stick to the larger cloud offerings of Google or Microsoft office components and something like GitHub for their code, whereas the more privacy conscious folk are more likely to self host software or will need lots of time to build trust with them.

I do hope that they have a sustainable existence and a net positive impact on the industry, though!