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Lemmy is somewhat protected by being an AGPL-licensed project, preventing proprietarization. If there’s ever a relicensing effort, ba fearful.
I’m not sure what exactly becoming a organization would entail, but so far I’d say the development part is not really large enough? For me I would start being suspicious when a significant amount of dev power came from compan(ies), but so far no company has shown any interest afaik.
There’s already been a few forks, for example lemmynsfw has made some changes on their side, which nutomic is now looking to integrate back into lemmy.
The ActivityPub protocol lemmy uses is (in my opinion) really bad wrt scalability. For example, if you press one upvote, your instance has to make 3000 HTTP requests (one to every instance that cares).
But on the other hand, I recently rewrote the federation queue. Looking at reddit, it has around 100 actions per second. The new queue should be able to handle that amount of requests, and PostgreSQL can handle it (the incoming side) as well.
The problem right now is more that people running instances don’t have infinite money, so even if you could in theory host hundreds of millions of users most instances are limited by having a budget of 10-100$ per month.