I think what's going to make life difficult for the folks at Redis Labs is if all the major cloud providers standardize on Valkey for their cache offering then

I think what's going to make life difficult for the folks at Redis Labs is if all the major cloud providers standardize on Valkey for their cache offering then that alone will drive the market and mindshare away from Redis. I'd be willing to bet most people don't care one way or another but just want to use the managed service. Redis has to be truly noticeably better to compete with the offering that doesn't require purchasing be involved.