Can you explain a little more about why you think that?

I’m likely wrong here, but I was under the impression that companies start adopting the BSL when they notice their OSS product is being forked and used by other companies for profit and they want to be able to capture that revenue. I think that makes a lot of sense for tools like Terraform and OSS DBs. I just didn’t get the impression that a lot of companies use GitLab in that way? Like, GitLab itself is already easy and free to use, and I don’t see anybody chomping at the bit looking to fork it and offer some SaaS product on top of it.

They are open-core, not all their features are open source. No need for them to go BSL.