That's sad to see. Granted, I haven't played Rec Room in ages, but when I still played VR it really felt like a great and safe playground for all ages. But yeah, I really often asked myself "how do they even make money?", as basically there was nothing really serious that cost money. A fear I had is that they sold my info or telemetry, but never too much.
It's nice that they chose to shutter things down rather than to enforce sustainability through scummy tactics.
Tap for spoiler
cough cough Roblox cough cough
I know of at least one that pretty much uses scummy tactics to keep things afloat, so it's heartwarming, although also a bit heartbreaking, to see that they would not let things go to shit and instead take the high road. Kudos to them and I wish the best for the team.