There is still an enormous amount of top tier talent in the Ethereum Foundation. Many of the brightest minds in Ethereum are at the EF focussing on the cypherpunk core components: CROPS.
There is only one Ethereum Foundation.
But there are many other dimensions that brilliant Ethereum R&D teams will explore going forward.
All the amazing talent that left the EF - now we know where they went.
Some of the brightest minds in Ethereum are now focused on practical Ethereum.
New era. New foundation. Same ETH.