@aral

To this day I don't know how Bluesky is funded, other than by venture capital. Their business plan says "We believe that there must be better strategies to sustain social networks that don’t require selling user data for ads" https://bsky.social/about/blog/7-05-2023-business-plan and says the first paid service is custom domain names which seems risible, considering the sums invested so far and the projected revenue of this initiative. Also claims to have no "data moat", yet remains as centralised as it gets.