Xenovα 
#hive is a joke
the strongest bocchi (evil)don't understand why twitter people are moving to it, it's literally the same ownership model they hated twitter for
@xenova it's also venture capital funded~
don't understand why twitter people are moving to it, it's literally the same ownership model they hated twitter for
don't understand why twitter people are moving to it, it's literally the same ownership model they hated twitter for
@FloatingGhost Their funding was actually my very first concern, as they've been pretty sketchy about it too. I made a post on it yesterday: https://wetdry.world/@xenova/109384716882181531
The fact they went as far as scrubbing mention of an angel investor to seem "smaller and humble" (at least that's the only reason I can think of) is suspicious has hell
Xenovα (@[email protected])
Attached: 1 image I mentioned #hive social earlier, and since I've found some interesting details. For one, it's a venture capital firm selling "reservation for stocks" on wefunder. Basically meaning you spend a minimum of 100 US Dollars to reserve shares IF the company ever goes into the stock market. Another interesting detail is that they had scrubbed all mention of an angel investor they got, only for it to be added back to their website after people mentioned it. Pretty curious. While I'd hope they are not doing this with malicious intentions, it does put into question the trust of the platform. Source for the removed mention of the angel investor: https://twitter.com/_hyly/status/1594747699500154881 Source for the stock reservation scheme (image):
@xenova the same alarm bells went off in my head as well - i went digging and found that the founder has actually tried this "hive" thing multiple times before
this was his last attempt, 3million of VC money thrown away on a failed venture
https://www.crunchbase.com/organization/hive-social-inc
this was his last attempt, 3million of VC money thrown away on a failed venture
https://www.crunchbase.com/organization/hive-social-inc
