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Bluesky Reveals Massive Hidden Investment
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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
@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.
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@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.
There is certainly something psychologically binding about parroting something you know to be untrue out of fealty. Explains a lot of society actually.
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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
@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.
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@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.
Those sock drawers ain't gonna tidy themselves...
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Those sock drawers ain't gonna tidy themselves...
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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
@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.
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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
@mastodonmigration $100 million dollars investment but can't hire a PR Firm. Sure Jen
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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
@mastodonmigration
EJECT, EJECT! -
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 I really saw this coming with BlueSky. Any centralized social media is doomed to be bought by venture capital money and monetized/enshittified. That’s why, as wonky and niche as the Fediverse still is, I really think it’s the only real future for social media. With Big Tech services, people can build careers and post their lives on the platform only to have an Elon Musk jump in and ruin everything. Decentralized social media prevents this by design.
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Bluesky Reveals Massive Hidden Investment
Today #Bluesky revealed that in April 2025 they received a whopping $100M venture capital investment lead by Bain Capital Crypto 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. Crypto VCs.
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 - thank you for the info. Was not aware. Cancelled my account.
It's the lack of transparency that boddered me the most. Not trustworthy anymore when they act like that.
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