Bluesky Reveals Massive Hidden Investment
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I'm glad you're enjoying it here. There's a refreshing anti oligarchy & pro alt text vibe in the Fediverse.
@srfirehorseart @mastodonmigration Thanks! The vibes have been overwhelmingly positive so far. I'm almost enjoying being online again 😌
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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
@mastodonmigration ID of the VC owners? You’ve been asking the question for a long time so I’m sure you’re gratified to have the answer
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@mastodonmigration ID of the VC owners? You’ve been asking the question for a long time so I’m sure you’re gratified to have the answer
It is just infuriating that such an underhanded and pretty transparent strategy should work so well. And it is not over by a long shot.
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@mastodonmigration Thanks: odd I didn’t,t learn of this via its own site!
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I'm glad you're enjoying it here. There's a refreshing anti oligarchy & pro alt text vibe in the Fediverse.
@srfirehorseart @Zebadiah_Carter @mastodonmigration Been on Mastodon since Nov 2022, when Musk bought Twitter/X. Joined BS too after Kamala lost but still prefer Mastodon: it’s usually my first point of call. I think of this place being about quality rather than quantity.
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It is just infuriating that such an underhanded and pretty transparent strategy should work so well. And it is not over by a long shot.
@mastodonmigration Yes. We’re dealing with true professionals at grift. It’s what they do. Bain especially and these other VCs in crypto. In contrast, you have the people who PT Barnum was talking about and then the internet “personalities” and “influencers” who care about nothing other than maintaining or building their brand by monetizing their followers. I blocked one of those people a couple of months ago because their behavior was horrible, starkly contradictoring their professed values.
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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@mastodon.online nooo not my blueskys
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@mastodonmigration Thanks: odd I didn’t,t learn of this via its own site!
Are they talking about it over there or just meh
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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?
Because they are anti-decentralization under the hood.
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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
BlueSky is a trap! -
@mastodonmigration
BlueSky is a trap!Yup... it sure is. Posted the same message a year ago...
https://mastodon.online/@mastodonmigration/113935872924514093
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Yup... it sure is. Posted the same message a year ago...
https://mastodon.online/@mastodonmigration/113935872924514093
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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 Eeeeeeeeeeeeew
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@srfirehorseart @Zebadiah_Carter @mastodonmigration Been on Mastodon since Nov 2022, when Musk bought Twitter/X. Joined BS too after Kamala lost but still prefer Mastodon: it’s usually my first point of call. I think of this place being about quality rather than quantity.
@JonChevreau @srfirehorseart @mastodonmigration That's when I signed up for BS. If I had any idea it was going to shittify that quick, I would have started here to begin with, lol.
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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
we tried to warn them
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we tried to warn them
We did. And unfortunately we are going to need to keep warning them.
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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 "Revealed that...they received a whopping $100M venture capital investment" is an interesting way to spell "revealed that they were bought by..."
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@mastodonmigration "Revealed that...they received a whopping $100M venture capital investment" is an interesting way to spell "revealed that they were bought by..."
Yes. Exactly.
And they kept the sale a secret, leaving their users with the impression that Bluesky was still a rag tag bunch of starry eyed developers trying to build a better mousetrap.
The really galling thing is at that time they weren't a whole lot bigger than Mastodon, so they took all the energy that could have gone into building real defensible public social media and cooped it.
It is a very underhanded move and should be recognized as such.
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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 bluesky is stupid
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@mastodonmigration I truly can't understand why so many are so willing to trust Bluesky to not be exactly like the things they left for exactly the reasons they left those things...
As far as I could ever see, right from day one it was built to just be the thing that takes people from those so it can do the same thing all over again... Like that was its clear goal...
So it will just hurt them and then something else, say Greensky, will pop up and they'll go to that and it will just do the same thing.
@nazokiyoubinbou @mastodonmigration I find myself confused in the same way by geeks who fled Windows ... for macOS.