Yesterday it became public that #Bluesky has secretly got an additional 100 million US$ investment from venture capital investors. They kept it hidden for almost a year.

https://techcrunch.com/2026/03/19/bluesky-announces-100m-series-b-after-ceo-transition/

VC money generally requires a serious return on investment, so they must have plans to extract it from users, and, so it seems, from advertisers.

If it wasn't clear yet, the path to #enshittification lies ahead.

It is also clear from the @fediversereport that the AT protocol itself doesn't guarantee the avoidance of centralisation, or these kinds of extractivist business models.

Can we please help our friends who are at BS wake up from the inminent dangers? And while at it, help them join the Fedi.

Have a good Friday :-)
#NoVC #rtm @DigitalCoup

Bluesky announces $100M Series B after CEO transition | TechCrunch

The additional funds have been used to scale Bluesky's team, while the company continues to develop Bluesky's app and the underlying ATProto that powers it.

TechCrunch

Từ chối bởi Y Combinator 2 lần, nhưng 2 năm sau: 180K USD ARR, lời, không nhà đầu tư. Bài học: Tập trung phân khúc niche, chi phí thấp, nghe khách hàng. Từ chối ≠ thất bại. #YCRejected #StartupChuẩn #KinhDoanhHiệuQua #NoVC #ChuẩnSaaS

(Tối ưu 494 ký tự, đủ thông tin cần thiết + hashtag đa ngôn ngữ)

https://www.reddit.com/r/SaaS/comments/1p1xxyn/y_combinator_rejected_us_best_thing_that_ever/

Hai nhà sáng lập mệt mỏi với việc gọi vốn thay vì xây dựng sản phẩm. Họ tạo ra công cụ tạo website dùng AI, giúp tạo trang đích bán hàng nhanh chóng chỉ bằng cách điền form đơn giản. Mục tiêu là kiếm tiền từ ngày đầu, không phụ thuộc VC. Họ đang tìm 50 người dùng đầu tiên, tặng 6 tháng miễn phí để lấy feedback.
#Startup #AI #WebsiteBuilder #NoVC #SaaS #KhởiNghiệp #XâyDựngSảnPhẩm #KhôngGọiVốn

https://www.reddit.com/r/SaaS/comments/1o1i578/tired_of_raising_money_instead_of_building_heres/

Hell yeah! This is the sort of place I want to be a part of!

“Twitter rival Mastodon has rejected more than five investment offers from Silicon Valley venture capital firms in recent months, as its founder pledged to protect the fast-growing social media platform’s non-profit status.”

https://arstechnica.com/tech-policy/2022/12/twitter-rival-mastodon-rejects-funding-to-preserve-nonprofit-status/

#Mastodon #noVC #arstechnica #nonprofit #fediverse

Twitter rival Mastodon rejects funding to preserve nonprofit status

Open source microblogging site has seen surge of interest since Musk took over Twitter.

Ars Technica