Bluesky Reveals Massive Hidden Investment
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@mastodonmigration there is no way this doesn’t end in some kind of crypto/AI grift
Feel like it is more likely that influencing the midterms through algorithmic manipulation of their users is more what they are up to.
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Bluesky Reveals Massive Hidden Investment
Today #Bluesky revealed that in April 2025 they received a whopping $100M venture capital investment and that they KEPT IT A SECRET.
https://bsky.social/about/blog/03-19-2026-series-b
So the answer to the big mystery Who Owns Bluesky? (https://mastodon.online/@mastodonmigration/116025246450023071) is finally out.
Now, we should be asking why did this company that prides itself on transparency and "decentralization" decide they needed to hide who owned the company?
@mastodonmigration and they'll be so pleased they got an early invite
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Bluesky Reveals Massive Hidden Investment
Today #Bluesky revealed that in April 2025 they received a whopping $100M venture capital investment and that they KEPT IT A SECRET.
https://bsky.social/about/blog/03-19-2026-series-b
So the answer to the big mystery Who Owns Bluesky? (https://mastodon.online/@mastodonmigration/116025246450023071) is finally out.
Now, we should be asking why did this company that prides itself on transparency and "decentralization" decide they needed to hide who owned the company?
@mastodonmigration Short of making #BehavioralScience #CoreEducation, the more this K-economy will collapse all but the wealthiest Capitalists.
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@mastodonmigration there is no way this doesn’t end in some kind of crypto/AI grift
@suzannealdrich @mastodonmigration well, I'll tell you how it ends for me. I'm out, no telling what info they are harvesting from us so I'm dumping my butterfly account right now. Good luck all!
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Bluesky Reveals Massive Hidden Investment
Today #Bluesky revealed that in April 2025 they received a whopping $100M venture capital investment and that they KEPT IT A SECRET.
https://bsky.social/about/blog/03-19-2026-series-b
So the answer to the big mystery Who Owns Bluesky? (https://mastodon.online/@mastodonmigration/116025246450023071) is finally out.
Now, we should be asking why did this company that prides itself on transparency and "decentralization" decide they needed to hide who owned the company?
@mastodonmigration Have they announced this on BS?
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So, now that has been revealed that a secret VC cabal does in fact own Bluesky, let's ask how on earth they plan to recoup an investment of over $125M.
It is simply not possible to do so out of revenue. The company has no revenue and little prospect of earning money.
The only real asset that Bluesky has is their user base comprised of the nation's foremost liberals and progressives...
https://mastodon.online/@mastodonmigration/116201871821753838
To understand all this better, consider that the Crypto PAC 'Fairshake' spend over $20M in Illinois and $10M of that on a failed attempt to defeat Julianna Stratton. They have over $220M more to spend on influencing the midterms. For these guys the opportunity to achieve some degree of message control over liberal social media is well worth $100M.
How will they do it? Algorithmic manipulation of social media? Quieting critics, amplifying favorable messaging? Has it already begun?
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@mastodonmigration Have they announced this on BS?
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Bluesky Reveals Massive Hidden Investment
Today #Bluesky revealed that in April 2025 they received a whopping $100M venture capital investment and that they KEPT IT A SECRET.
https://bsky.social/about/blog/03-19-2026-series-b
So the answer to the big mystery Who Owns Bluesky? (https://mastodon.online/@mastodonmigration/116025246450023071) is finally out.
Now, we should be asking why did this company that prides itself on transparency and "decentralization" decide they needed to hide who owned the company?
@mastodonmigration
Who could have possibly predicted? 😆 -
Bluesky Reveals Massive Hidden Investment
Today #Bluesky revealed that in April 2025 they received a whopping $100M venture capital investment and that they KEPT IT A SECRET.
https://bsky.social/about/blog/03-19-2026-series-b
So the answer to the big mystery Who Owns Bluesky? (https://mastodon.online/@mastodonmigration/116025246450023071) is finally out.
Now, we should be asking why did this company that prides itself on transparency and "decentralization" decide they needed to hide who owned the company?
@mastodonmigration
Yeah!!! Why!!!?? -
Bluesky Reveals Massive Hidden Investment
Today #Bluesky revealed that in April 2025 they received a whopping $100M venture capital investment and that they KEPT IT A SECRET.
https://bsky.social/about/blog/03-19-2026-series-b
So the answer to the big mystery Who Owns Bluesky? (https://mastodon.online/@mastodonmigration/116025246450023071) is finally out.
Now, we should be asking why did this company that prides itself on transparency and "decentralization" decide they needed to hide who owned the company?
@mastodonmigration Ah, Bain. The stories we could tell.
Anyway, just need Mike Masnick to tell us why this is good actually.
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@mastodonmigration
Who could have possibly predicted? 😆Funny you should ask. Have literally dozens of posts around this topic. Here is the first one back just after the 2024 election.
https://mastodon.online/@mastodonmigration/113460350142869916
But, it would make sense for them to spring the trap this year since the midterms are really critical to the future of democracy in the US.
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@mastodonmigration Ah, Bain. The stories we could tell.
Anyway, just need Mike Masnick to tell us why this is good actually.
Well maybe you will have better luck...
https://mastodon.online/@mastodonmigration/116018929963186579
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Funny you should ask. Have literally dozens of posts around this topic. Here is the first one back just after the 2024 election.
https://mastodon.online/@mastodonmigration/113460350142869916
But, it would make sense for them to spring the trap this year since the midterms are really critical to the future of democracy in the US.
@mastodonmigration
I mean... I'm pretty sure everyone who moved here and DIDN'T go over to Bluesky saw something like this coming. I remember chuckling about the false exclusivity of the invites. Gotta jerk the lure a bit to get the fish to bite. -
To understand all this better, consider that the Crypto PAC 'Fairshake' spend over $20M in Illinois and $10M of that on a failed attempt to defeat Julianna Stratton. They have over $220M more to spend on influencing the midterms. For these guys the opportunity to achieve some degree of message control over liberal social media is well worth $100M.
How will they do it? Algorithmic manipulation of social media? Quieting critics, amplifying favorable messaging? Has it already begun?
@mastodonmigration I left BS (haha) for here full time about a month ago. After some entiled chud told me I was invalid because my "Theory of Victory ™️" didn't align with his, I decided that probably wasn't the place for me. Super enjoying this spot though, it actually feels how the web used to in the late 90's. I've missed it...
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Here is the TechCruch article on the announcement:
"Social network Bluesky is gearing up for big changes with today’s news that the company raised $100 million in Series B funding. The round, led by Bain Capital Crypto, was closed in April 2025 but had not been disclosed until now."
https://techcrunch.com/2026/03/19/bluesky-announces-100m-series-b-after-ceo-transition/
@mastodonmigration So they are sitting on $100M since almost a year and did more or less nothing with it to grow their business? OK, I guess ...
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Bluesky Reveals Massive Hidden Investment
Today #Bluesky revealed that in April 2025 they received a whopping $100M venture capital investment and that they KEPT IT A SECRET.
https://bsky.social/about/blog/03-19-2026-series-b
So the answer to the big mystery Who Owns Bluesky? (https://mastodon.online/@mastodonmigration/116025246450023071) is finally out.
Now, we should be asking why did this company that prides itself on transparency and "decentralization" decide they needed to hide who owned the company?
@mastodonmigration as transparent as vantablack...
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@mastodonmigration
I mean... I'm pretty sure everyone who moved here and DIDN'T go over to Bluesky saw something like this coming. I remember chuckling about the false exclusivity of the invites. Gotta jerk the lure a bit to get the fish to bite.@TheGreatLlama @mastodonmigration I went there first, found out how horrible it is and sacked it off. It felt like it was just a differently flavoured echo chamber.
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@mastodonmigration So they are sitting on $100M since almost a year and did more or less nothing with it to grow their business? OK, I guess ...
@jwildeboer yeah, raises some eyebrows especially since they've been in decline... wonder what they've been keeping the warchest for and if they'll start spending now with new leadership...
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@mastodonmigration I left BS (haha) for here full time about a month ago. After some entiled chud told me I was invalid because my "Theory of Victory ™️" didn't align with his, I decided that probably wasn't the place for me. Super enjoying this spot though, it actually feels how the web used to in the late 90's. I've missed it...
I'm glad you're enjoying it here. There's a refreshing anti oligarchy & pro alt text vibe in the Fediverse.
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Bluesky Reveals Massive Hidden Investment
Today #Bluesky revealed that in April 2025 they received a whopping $100M venture capital investment and that they KEPT IT A SECRET.
https://bsky.social/about/blog/03-19-2026-series-b
So the answer to the big mystery Who Owns Bluesky? (https://mastodon.online/@mastodonmigration/116025246450023071) is finally out.
Now, we should be asking why did this company that prides itself on transparency and "decentralization" decide they needed to hide who owned the company?
Kinda puts the CEO stepping down last week in a new light...
Gli ultimi otto messaggi ricevuti dalla Federazione
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@antonuzzo1 la repressione è sempre anche una grande opportunità di rilancio. Hanno chiuso e stanno chiudendo i centri sociali, quasi tutti di sinistra. È una grande opportunità di riportare la politica e l'attivismo in ogni altro angolo della vita sociale: strade, piazze, scuole, università... I centri sociali fanno parte di una storia e un periodo che non c'è più, sono anche più facili da controllare. Voglio vedere cosa faranno quando il dissenso si articolerà in ogni cellula sociale.
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Il punto, per me, è che non basta denunciare la deriva: serve anche ricostruire una cittadinanza che non accetti passivamente questi tentativi. Altrimenti continueremo a oscillare tra indignazione e rassegnazione, senza mai incidere davvero
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Sulle priorità investigative: è vero che ciclicamente qualcuno prova a rimettere mano all’indipendenza dell’azione penale, ma questo dimostra quanto sia fragile l’equilibrio tra potere politico e potere giudiziario. Ogni volta che si tenta di spostare quell’equilibrio, lo si fa sempre con la scusa dell’efficienza, mai ammettendo apertamente il rischio di interferenze.
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@G3rt Capisco il quadro che descrivi, ma secondo me c’è un punto che spesso sfugge: se davvero da trent’anni si restringono gli spazi democratici, allora il problema non è solo “chi governa”, ma un’intera cultura politica che ha smesso di pretendere trasparenza, competenza e responsabilità.
La retorica della “stabilità” funziona proprio perché una parte consistente della popolazione è stata educata a considerare la partecipazione come un fastidio, non come un diritto.
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Lo avevo pubblicato tempo fa. Lo ripubblico, perché credo sia una delle conferenze più chiare e schiette del prof. Canfora che dice molto di ciò che stiamo vivendo e che ancora ci aspetta.
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@antonuzzo1 ... fa parte di un processo di limitazione progressiva degli spazi di democrazia che dura da più di trent'anni, non so se hai presente cosa sono riusciti a fare già con la legge sulla sicurezza.
Per governare e consegnare il Paese ai giochi commerciali gli serve stabilità, cioè gente rassegnata che nemmeno ci prova a contestare. Che continuino. A furia di reprimere si stanno costruendo la frusta per le loro chiappe.
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@antonuzzo1 già nel 2020, l’allora deputata di FI Giusi Bartolozzi presentò alla Camera dei Deputati una proposta di legge costituzionale finalizzata ad attribuire al Governo il potere di stabilire le priorità investigative nell’esercizio dell’azione penale.
La Bartolozzi nella proposta affermava:
«La definizione delle priorità dell’esercizio dell’azione penale è un supremo compito che spetta alla politica»
La riforma mira di nuovo a consentire al governo di stabilire su cosa e su chi indagare.
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@feelhippie non si può vedere infatti vedo qualunque cosa d'altro
