It wasn’t set up to be decentralized power though. The structure was digital fiefdoms with admins and mods on an instance with power over their local communities… and yet difficult to censor content that was posted into it. But you can still get banned from a community or an instance or have an instance get defederated.
The structure doesn’t really solve any of the problems of centralization of power (as shown with Lemmy.world) - its to make it hard to shut down what someone wants to say on some instance’s community if the admin and mods are ok with it. And even if the instance you are on defederates and blocks them, they’re still there and people can sign up there and participate there.
This is Reddit with censorship resistance (no way to completely kick off /r/the_donald from Lemmy if they can stand up their own server) - not reddit with decentralized power.
The money part - they’re open with their finances: https://opencollective.com/beehaw