[humps]

first release was April 12, 1992, but it was a proof of concept[1] and wasn't commercialized until May 1993, so perhaps that's why?

[1] https://en.wikipedia.org/wiki/BBEdit

[KerrAvon]

I think it was originally released as freeware. "Proof of concept" in the article was probably referring to an earlier, private incarnation.

It didn't do much back then; the name was accurate. There was a lot of competition over the years but nothing else persevered.