Bluesky Reveals Massive Hidden Investment
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@mastodonmigration Hang on, liberals and progressives use BlueSky? Clout chasing is a drug.
@patmikemid Its not just clout chasing. Many people today are open that they have careers in culture because they got on Twitter early and networked there. I think that was and is bad ethics and bad tactics but many of them make more money and get more recognition than I do and the conventional ways of making a living in those fields have dried up too.
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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.
@tehstu @mastodonmigration It will be good because as a member of the board he will stand to gain financially from this if there is any kind of exit. He will of course stay the course to “advocate for open social networks” but tragically his attempts will fall on deaf ears. Perhaps a book will result afterward.
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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 this was never a secret to begin with.
this was clear from day1, but i guess its just a question who people consume their news from and whom they follow
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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 Bain isn't just crypt VCs it's Mormon Republican megadonors.
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@mastodonmigration Bain isn't just crypt VCs it's Mormon Republican megadonors.
@KarlHeinzHasliP @mastodonmigration and they invest heavily in Israeli defence companies.
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undefined oblomov@sociale.network shared this topic