@silvereagle i don't think it was snatching defeat from victory as much as giving it a shot and realizing it was a lost cause all along.
They were facing intractable social problems contentwise, so they couldn't go back, but they were facing intractable technical problems should they try to expand into ActivityPub.
It sounds like they worked on both fronts for a good while but eventually had to admit that the platform had been without a future all along.