Bluesky Reveals Massive Hidden Investment

[spinnyspinlock@infosec.exchange]

@mastodonmigration I am shocked, this is my shocked face: :|

[scotty86@mastodon.social]

@mastodonmigration Lol, it's called capitalism. No big company is a "good guy".

[optional@dice.camp]

@mastodonmigration

[cadey@pony.social]

@mastodonmigration It's normal to delay announcing funding rounds like this. This is a nothingburger.

[jonchevreau@mstdn.ca]

@mastodonmigration maybe the techies are but not much from ordinary users

[nazokiyoubinbou@urusai.social]

@dalias @duncan_bayne @mastodonmigration Apple does kind of pretend at openness. Oh they don't pretend to be FLOSS of course, but they created a walled garden and trick people into thinking it's wide open — right up until someone finds out they can't log into their account because of a bad gift card and everything they had in there is inaccessible...

Ubuntu actually is pretty open for all that it's so corporate. The fact Mint could be built on it kind of says they haven't really fully reached the Bluesky level of centralization and closedness.

Well, perhaps there isn't really an ideal metaphor, but the way people put Apple up on that pedestal as the perfect alternative really makes me feel like it comes darned close.

[mastodonmigration@mastodon.online]

@cadey

It certainly is not. Have never seen it before. Name another example.

[mastodonmigration@mastodon.online]

@JonChevreau

Interesting

[cadey@pony.social]

@mastodonmigration The average delay from getting funding and announcing it is about 3 months. It's completely normal. This is just how venture capital works.

[mastodonmigration@mastodon.online]

@cadey

Nonsense. Saying it does not make it so. It is simply not true. Plus, we are talking about a year, and particularly with an investment of this magnitude.

[mastodonmigration@mastodon.online]

The implausible excuse now coming from Bluesky PBC officers as to why they failed to disclose this $100M is that the were "too busy."

Read more here...

https://mastodon.online/@mastodonmigration/116261923081401965

[w6kme@mastodon.radio]

@mastodonmigration If they expect anyone to accept that, it just demonstrates the absolute contempt they have for their users. Amazing.

On the other hand, it was well known from Day One what BS was. Maybe the people using it are the sort that WANT to be treated that way.

[mastodonmigration@mastodon.online]

@W6KME

There is certainly something psychologically binding about parroting something you know to be untrue out of fealty. Explains a lot of society actually.

[timo21@mastodon.sdf.org]

@mastodonmigration so maybe the BS team had a little yardwork to do, or something in the garage needed tidying up? Perhaps a kid had a ballet recital that interfered with announcements regarding creepy investors.

[rgulick@social.coop]

@timo21 @mastodonmigration

Those sock drawers ain't gonna tidy themselves...

[mastodonmigration@mastodon.online]

@rgulick @timo21

🤣

[nead@social.vivaldi.net]

@mastodonmigration 12 months don't just 'slip' by. $100,000,000 is something you talk about every day. Something that grabs your attention and places it squarely in your Gantt chart, or whatever AI tool you're using to reduce 'busyness'. And don't be so dismissive with your 15 word social media post, Mike. Do we believe you? Nope.

[jdotcom@mastodon.social]

@mastodonmigration $100 million dollars investment but can't hire a PR Firm. Sure Jen

[n1xnx@tilde.zone]

@mastodonmigration
EJECT, EJECT!