Sure, they don't like DHH. I never much liked him either (too opinionated for my taste), though Rails is a really good thing and honestly put Ruby on the map, and DHH deserves credit for that. But seriously, pull all their funding because of being platformed at RailsConf (_Rails_Conf, not _Ruby_Conf). Seems over-reactionary, and ultimately hurtful to the Ruby community (making them more dependent on Shopify).
Update: To be fair, I haven't followed DHH/Rails/Ruby community for the past decade (was very involved ~15 yrs ago), so my views may be outdated. Still I think pulling the funding doesn't help Ruby.