Question: How does a company with effectively zero revenue get a valuation of $700M?
-
Mastodon Migrationreplied to Moof! last edited by [email protected]
Nothing like this. There is no way to mine the Bluesky user base with ads or other monetization schemes that would yield such a valuation, but not going to argue that here with you. Time will tell.
-
Mastodon Migrationreplied to Joe Alexander Marx-Mangione last edited by
As you say, we will see.
-
Joe Alexander Marx-Mangionereplied to Mastodon Migration last edited by
@mastodonmigration No you said that instead of giving any evidence of this fever dream
-
Mastodon Migrationreplied to Joe Alexander Marx-Mangione last edited by
Right, not engaging with you. You disagree with the post. Noted.
-
Blurry Bits Photographyreplied to Mastodon Migration last edited by
@mastodonmigration Oh it became pretty evident to me during my short stay on Bluesky
On average, after about ten minutes of browsing -
uBlock will show 100-150 various trackers being blocked. I've seen the count go over 300.Crap sites like RawStory always ran the numbers up, but in the amount of time browsing - They may be one of the top-100 worst data aggregators out there.
They are selling that user base outright. -
Patriciareplied to Blurry Bits Photography last edited by
@BlurryBitsPhoto @mastodonmigration Again we see that users are the "product". Thank you for the documentation.
-
Mastodon Migrationreplied to Blurry Bits Photography last edited by
Wow you are right!
Here is a screenshot of uBlock Origin filter log of just accessing the main bsky.app page
Dozens of block notices and they keep streaming in.
In comparison Mastodon generates zero block notices!
-
R [email protected] shared this topic
-
Julian Andres Klode 🏳️🌈replied to Mastodon Migration last edited by
@mastodonmigration @BlurryBitsPhoto to clarify here
1. most of these calls are repeated calls likely because the API fails to initialize
2. It's a good thing they have built their own analytics rather than use third party solutions
3. You DO NOT KNOW if your mastodon server (or anything else) runs server side analytics. It can't track your mouse cursor movements and all the clicks but it sure can track which posts you read.In summary this is rather privacy friendly compared to baseline.
-
@mastodonmigration @moof Moof!'s point is that it doesn't matter what it will really do in the future, only what other investors think it will do. That makes it a speculation play. You may well be right that there will be no revenue, but as long as someone is willing to bet money that it will while user growth is exploding there will be high valuations.
-
Understand the point being made, but still disagree. The valuation is based on these investors thinking they will be able to exit from the investment by selling the company for an incredible sum to some oligarch who wants to influence public opinion. To deny this information war capture, control and marginalize dynamic, which we have now witnessed multiple times, is to stumble into it once again. Unless we own our information platforms we will continue to be outmaneuvered.
-
Christian Pietschreplied to Julian Andres Klode 🏳️🌈 last edited by
@juliank @mastodonmigration @BlurryBitsPhoto
I'd never use #Bluesky because if you look at their owners/investors, there can be no doubt that it will be enshittified sooner or later. (And I prefer a truly decentralized network.)
So far, however, the official Bluesky app contains just one tracker, Sentry:
https://reports.exodus-privacy.eu.org/de/reports/xyz.blueskyweb.app/latest/#trackers
-
Mastodon Migrationreplied to Christian Pietsch last edited by
@chpietsch @juliank @BlurryBitsPhoto
Guess you could say that is one too many. Appreciate your investigation into this subject.
