The recent Github repository exodus has now been in vain since GitLab is taking action similar to how MS is famous in developer circles for telemetry and not respecting your privacy. Whenever VCs are involved, the community always finishes last.
For individuals sourcehut[0] may seem to be an alternative. Open source orgs might be better of self-hosting. In either scenario I would rather go with the community than to be in the mercy of a VC-backed corporation for hosting my work in this case.
[0] https://sr.ht