Can you elaborate on how this is "fake" open-source?

Warp terminal comes to mind as well. But I believe they are just plain closed-source. What makes these projects fake open-source?

Huh? Both this and Zed are fully open source and licensed under a FOSS license

> actually in it for the money

Neither "open source" nor "free software" have anything to do with being non-profit and not trying to make money

In fact, GNU directly says this: "Actually, we encourage people who redistribute free software to charge as much as they wish or can." [1]

And that's GNU. Which is FSF - the most obnoxious open-source absolutists you'll ever find. And even they don't discourage for-profit open-source.

[1]: https://www.gnu.org/philosophy/selling.en.html