[jjcm]

It is for a lot of companies, but not at the scale of Microsoft. Keep in mind companies like Google/MS/Apple/etc kill products that have 10s of millions of revenue because while it's a ton of money, it's a drop in the bucket compared to their other sources of revenue. 12.5% of their 300M revenue is a tiny amount for MS to absorb to solidify themselves against their competitors as the main open source hub.

Gitlab and Bitbucket both heavily positioned themselves against Github with their unlimited private repos feature. With this competing with Github is going to become much harder. I think it's a smart move for MS.