I think the license is OK,…

I think the license is OK, many things are AGPL. It's a company that does open source. I hope they will remain open source, let's see how it goes.
From seed funder, Ben Casnocha:

"I'm co-founder and partner at Village Global, an early stage venture capital firm based in Silicon Valley backed by some of the world’s most successful entrepreneurs like Mark Zuckerberg, Jeff Bezos, and Bill Gates. We invest in talented founders in the Valley and around the world who are using software & IT to re-define industries."