Bluesky's Jay Graber is stepping down as CEO, moving to a position called "Chief Innovation Officer."

Investors are leading the search for a new CEO.

Jay did a superhuman job of creating a sense of FOMO at a time when everyone wanted Twitter but didn't want to be on Twitter, at a time when the technology behind Twitter was basically a commodity.

Commence the inevitable enshittification that will inevitably find its way to Mastodon.