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What is the debt? As a user, Zed feels more like the only IDE that isn't weighed down with debt. It's incredibly fast, responsive, stable, and it's iterated on very quickly.
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That happens when you don't talk to enough users, build the wrong things, and then iterate like a good startup. It compounds

Building a chat platform in an IDE with CRDTs...? That screams we are more interested in the solutions than the problems, and that they didn't appreciate network effect before attempting this

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They are talking to their users, it's not those that use Zed it's the VC firm that funds them. They seem to be implementing everything those users want.
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> They are talking to their users

If you only talk to the users you already have, you won't know what the users who don't use your product want. Many a project and company have peaked early for this very reason.

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