Bluesky has raised a $15m series A
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Bluesky has raised a $15m series A
This just in time for the weekend, so we’ll be treated to endless tirades about the satanic rites of venture capital
and why the One True Way of building a pure and decent social platform is a grumpy dude paid a terrible wage to ignore user feedback
Bluesky Announces Series A to Grow Network of 13M+ Users - Bluesky
Bluesky now exceeds 13 million users, the AT Protocol developer ecosystem continues to grow, and we’ve shipped highly requested features like direct messages and video.
Bluesky (bsky.social)
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bsky: @daniloc.xyzreplied to bsky: @daniloc.xyz last edited by
Bluesky: we have $15m to spend
Mastodon: we have a stuffed animal
reply guys in my mentions: well actually the fediverse is WAY bigger than just mastodon, you utter fuck
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@danilo I feel like mastodon gets done dirty by these narratives, so I went to do a little perusing to see if I could offer a sunnier counterpoint, but then I found this, and what can I say but "oof" https://graphtreon.com/creator/mastodon
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@glyph it does not look very sustainable to meeeeee
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There are some six-figure donations via their new US 501c3 that don't show up there, and some grants from NLNet. So it's sustainable in terms of "keep the lights on" but yeah, still shoestring-y. To be honest though I don't know how much it matters, unless there's a leadership change they'd just waste whatever money they raised anyhow. I'm working on an update to "Mastdon: a partial history" and it's really too bad I already had a section called "The patterns continue" because ... the patterns continue to continue. Oh well.
As for Bluesky, tbh I'm somewhat surprised they couldn't find a lead with a less-awkard name for them? But, good idea closing now -- if they continue the momentum and market conditions hold they can raise more whenever they want. Not sure about their business model, but their strategy is working out well, and if they're successful they've got lots of good options.
@[email protected] @[email protected]
