Jonathan Kamens 86 473d ago

RE: https://stefanbohacek.online/@stefan/116257411374685567

Um… Is raising $100 million in Series B funding and then just… not telling anybody about it for a year a thing that happens? Because at least in my experience, that's not a thing that happens.
It seems like a pretty big red flag when a company raises $100 million and then decides they shouldn't tell anybody about it for a year.
No?
#Bluesky #VC #VentureCapital

Show threadBruce Heerssen 
@jik
Bain Capital? There's another red flag.
Mar 19 at 7:22pmWeb
Show threadJonathan Kamens 86 473d ago
@bruce I mean, yeah, there are _plenty_ of red flags when it comes to Bluesky.
E.g., the marching orders of the new CEO they just brought are to "commercialize" Bluesky. I'm sure that's going to go great!
Show threadEd3d ago
@jik @bruce 's/commercialize/enshittify/'
Show threadBruce Heerssen 3d ago

@EdCates @jik

I guess we're in stage two of Bsky's #enshittification. Now that they feel they have a sufficient user base, it's time to sell them out to businesses. Later, when they feel the businesses are trapped on the platform (for fear of losing access to their own customers) Bsky can screw them over, too.

Show thread🔥 Mireille Sillander 🔥3d ago
@EdCates @jik @bruce Speedrunning Twitter Arc
Show threadSriram "sri" Ramkrishna - 😼3d ago
@bruce @jik wait.. bain capital? good golly. It's gonna get sold when it reaches the right valuation.
Show threadBruce Heerssen 3d ago
@sri @jik
If they don't strip it for parts first