Jared White (ResistanceNet ✊)4d ago

WOW.

With the news that Bluesky closed a $100M Series B (!!) last April and didn't tell anyone (??) until now, it's just become far more obvious that Bluesky is inching very close to its full enshittification era.

You don't raise that kind of money unless you're ready for *massive* capture of eyeballs and ecosystem control.

I am telling you right now, Bluesky in another year or two will look very, *very* different. (And tbh, it's not that great now.)

Show threadDJ Fragile Toolchains4d ago
@jaredwhite urgh, is that a thing? Do you have a link?
Show threaddave
@plaindocs @jaredwhite https://techcrunch.com/2026/03/19/bluesky-announces-100m-series-b-after-ceo-transition/

note the phrase "led by Bain Capital Crypto"
Bluesky announces $100M Series B after CEO transition | TechCrunch

The additional funds have been used to scale Bluesky's team, while the company continues to develop Bluesky's app and the underlying ATProto that powers it.

TechCrunch
Mar 19 at 7:46pmWeb
Show threadAJ Sadauskas4d ago
@dave @plaindocs @jaredwhite "The funding news has been strategically shared the week after Bluesky CEO Jay Graber announced she was stepping down from the lead role and transitioning to become chief innovation officer. The move had signaled both Graber’s desire to return to building and the need for the company to hire a chief executive who could drive Bluesky forward to commercial success."

I strongly doubt the timing of Jay's departure was a coincidence.