Bluesky Reveals Massive Hidden Investment

[mastodonmigration@mastodon.online]

@Guillotine_Jones

And this in March 2025...

https://mastodon.online/@mastodonmigration/114105323884094406

[mainframed767@infosec.exchange]

@mastodonmigration Eeeeeeeeeeeeew

[zebadiah_carter@mastodon.social]

@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.

[samiamsam@mastodon.social]

@mastodonmigration

we tried to warn them

[mastodonmigration@mastodon.online]

@samiamsam

We did. And unfortunately we are going to need to keep warning them.

[dalias@hachyderm.io]

@mastodonmigration "Revealed that...they received a whopping $100M venture capital investment" is an interesting way to spell "revealed that they were bought by..."

[mastodonmigration@mastodon.online]

@dalias

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.

[imanormalperson@kolektiva.social]

@mastodonmigration bluesky is stupid

[duncan_bayne@mastodon.bsd.cafe]

@nazokiyoubinbou @mastodonmigration I find myself confused in the same way by geeks who fled Windows ... for macOS.

[nazokiyoubinbou@urusai.social]

@duncan_bayne @mastodonmigration People put Apple on a pedestal so high they can't see what Apple is doing up there.

And it's a pedestal that Apple never really truly deserved... (Oh, maybe very early on when going up against IBM and IBM's ways, but still, most of the pedestal consists of just some very very effective marketing...)

[el_on_libera@fosstodon.org]

@mastodonmigration It was owned and operated by Cryptoland assets from the very start.

The founding team were basically all people with Crypto-laden CVs. The initial costs were funded by Crypto bro extraordinaire Jack.

It's not in the least bit surprising they got a crapton more money from Cryptoland, and then started extending welcomes to everyone in Crypto grifter HQ; the one in a historic white mansion in D.C. that's getting obscene renovations.

It was always going to happen this way.

[patmikemid@sfba.social]

@mastodonmigration Hang on, liberals and progressives use BlueSky? Clout chasing is a drug.

[mackuba@martianbase.net]

@mastodonmigration @JonChevreau yeah, several people from the team reposted this

[justbob@kolektiva.social]

@mastodonmigration

And people wounder why i absolutly hate corporations...

[passthejoe@snac.bsd.cafe]

@mastodonmigration@mastodon.online I'm in no way "invested" in Bluesky, but this stinks however you look at it.

[jackwilliambell@rustedneuron.com]

@mastodonmigration @samiamsam

People never thank you for warning them and admit they made a mistake not listening to you in the first place. Instead they get incandescently angry at the slightest hint of, "I told you so," or – if you say nothing – either double down and refuse to acknowledge any error or start claiming they always knew, depending on how stubborn they are.

[mastodonmigration@mastodon.online]

@jackwilliambell @samiamsam

Very true.

[dalias@hachyderm.io]

@duncan_bayne @nazokiyoubinbou @mastodonmigration Ubuntu would be a better analogy.

[duncan_bayne@mastodon.bsd.cafe]

@dalias @nazokiyoubinbou @mastodonmigration Oh? I mean Ubuntu wouldn't be my first choice but I still see it as being head and shoulders above either macOS or Windows

[dalias@hachyderm.io]

@duncan_bayne @nazokiyoubinbou @mastodonmigration Right, but MacOS never pretended to be open or an alternative to the things people were fleeing from Microsoft. Ubuntu is the analogy because it rides on the story of Linux as liberating, but with capitalism.