Lazarou Monkey Terror 🚀💙🌈Mar 9

Everybody trusts Venture Capitalists, right? lol

https://www.theverge.com/tech/891562/bluesky-new-ceo

#Bluesky #TechBros #VentureCapitalists #SocialMedia #LateStageCapitalism #Enshittification

Bluesky CEO Jay Graber will step aside

The Twitter / X alternative platform Bluesky is getting a new CEO as Jay Graber changes roles, and Toni Schneider steps in as interim CEO.

The Verge
Show threadMastodon MigrationMar 9

@Lazarou

"If anything, we’re doubling down…. Open platforms only thrive when third-party builders can trust them. We will continue to work on earning that trust and moving towards a fully decentralized system,” writes Schnieder." 🤷

Show threadLazarou Monkey Terror 🚀💙🌈Mar 9
@mastodonmigration "Trust" he says, while being a Venture Capitalist....
Show threadAdam Dalliance
@Lazarou @mastodonmigration that's how they make money, they build trust and then abuse it.
Mar 9 at 11:45pmWeb
Show threadMastodon MigrationMar 9

@pre @Lazarou

They haven't made any money yet... 🤔

Show threadAdam DallianceMar 9

@mastodonmigration @Lazarou ha, yes, well.

Venture capitalists have made lots of money from abused trust, but that's is phase two.

Blue sky might just be entering phase two now. Or they may have a few years more trust to build first.