I agree the API prices are profitable (or at least break even) on an operational basis. I don't think that means the subscriptions aren't subsidized though! I

I agree the API prices are profitable (or at least break even) on an operational basis. I don't think that means the subscriptions aren't subsidized though! I expect they are, at a carefully calibrated rate. They want to maximize people trying them. The real money is the enterprise plans which need a seat price plus API rates (unlike the Teams plans which are a pretty good deal).