In short, yes. If they grow their team in a healthy way. Google is very good at security. They just don't care about privacy. Their addition of apps makes sense to me as well. People want to replace Google. The reality is it takes a suite of apps to do that.

Caveat. I would have the same concern as you. Many companies struggle with growth.

FWIW I have only ever used and trusted their email service. They did buy simplelogin which I used prior to the purchase. For the office apps I self host Nextcloud and there are good companies like Federated Computer for those that can't self host. But I don't use Spreadsheets in Nextcloud. I stick to Libre Office which is great and if I need to share I can use Nextcloud or Syncthing.