Maybe, now that #Bluesky is replacing Jay Graber with a spiffy new Venture Capitalist CEO, and all the tech media is parroting the company's press release, some enterprising journalist can actually figure out...
Who Owns Bluesky?
https://mastodon.online/@mastodonmigration/116025246450023071
Agreed. If they are still operating using the late 2024 $15M they must be out of money, since they have no revenue and at least 20 employees. So, the new CEO is likely part of the deal for the next round of financing. This also makes the common wisdom that Jay was the majority shareholder seem even more implausible.
But the key thing us that we should know these things! People need to be more skeptical about who they trust with their social media.
This guy is talking about TRUST, and yet there is so much about #Bluesky ownership and finances that is secret and their entire brand is build on 'decentralization' marketing misinformation.
it's #cryptobros
#bluesky is owned and run by crypto bros
#jaygraber herself is a #cryptobro, coming from that world:
https://en.wikipedia.org/wiki/Jay_Graber
what i always expected (and i guess i should still expect, if their financial situation is that dire and that they are now at the mercy of #vulturecapital) is some stupid #crypto tie in with bluesky
It is an interesting situation. The entire value of #Bluesky is that they have corralled all the libs who are pretty hostile to this administration, and yet it appears that the crypto bro ownership is quite friendly with the oligarchy.
So, what is the play?
A suspicious mind might think they are up to something...
the play is easy
#bluesky genuinely likes their audience
but.. #finances are finances
the goons who control the purse strings lick their chops with very goon-based #crypto dreams, replace the leadership, and then fucking ruin it
just like #twitter
just like traditional #media ( #WaPo, #nytimes, etc)
so a warning for all:
enjoy bluesky
but its days are numbered
it will become a cesspool #socialMedia like twitter eventually
with certainty
yup
be on the lookout for nasty disinfo tricks on bluesky
definitely more drama from that world coming up, regardless
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