I'm unable to find any confirmation of that supposed $120M investment in Bluesky.

[timbray@cosocial.ca]

RE: https://toot.yosh.is/@yosh/116110218041250391

I'm unable to find any confirmation of that supposed $120M investment in Bluesky. There was a story in Business Insider in January 2025 saying they were seeking investment on a $700M valuation. Does anyone have a link to solid evidence?

[davidgerard@circumstances.run]

@timbray don't know of anything coming of that Jan 2025 story, no

crunchbase has 2022 and two 2024 rounds

tracxn only has the 2022 round

[davew@mastodon.social]

@timbray

i checked on it in january, and yes they did close that round. the investor is blockchain capital, i couldn't find any info on who the limited partners are.

http://scripting.com/2026/01/30.html#a153640

and i just asked chatgpt for a list of investors, and they say they have raised a bunch more since then.

https://chatgpt.com/share/699a097c-cf10-8012-bf42-af85fa85e1fe

[timbray@cosocial.ca]

@davew Not sure. There was an initial infusion from Twitter-that-was, then a $15M round from "Blockchain Capital". The post I was quoting was talking about $120M on $700M valuation, I still don't see anything public about that. I think your take in Scripting is spot on - we just don't know.

[davew@mastodon.social]

@timbray

tim, i never was able to find the valuation confirmed. i think there was a techcrunch story.

for all we know elon musk owns it.

[davew@mastodon.social]

@timbray -- another one, they claim to be billionaire-proof but don't offer anything to back that up. i don't think they are. they fully control their users. no different from any other silo. twitter had an api too.