Mastodawn

Can you imagine Mastodon raising 100 MILLION dollars from a crypto VC fund and failing to disclose it... for a full year? No I can't either.

And from their actual press release: "The Atmosphere currently contains about 20 billion public records—the posts, likes, comments and other interactions that bring the ecosystem to life. It's an astonishing collection of what open social infrastructure makes possible."

https://bsky.social/about/blog/03-19-2026-series-b

How I read it: data harvesting at its finest 💁‍♀️

#Bluesky

Bluesky's 2025 $100M Series B Lays Foundation for Open Social Web - Bluesky

In April 2025, Bluesky raised $100 million in Series B funding led by Bain Capital Crypto. Since our Series A, we've grown from 13 million to over 43 million global users.

Bluesky

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Elena Rossini ⁂Mar 20

Mike Masnick, who sits on the board of #Bluesky, claims the team was too busy to announce the series B funding (see screenshot).

But something is fishy.

Even the VC firm - Bain Capital Crypto - isn't listing Bluesky anywhere on their website: https://baincapitalcrypto.com/portfolio/

Why the mystery? Was Bluesky afraid of a public backlash & asked to keep the information under wraps?

Sorry if I keep repeating myself but I will forever be skeptical of Bluesky and think of the tale of the scorpion and the frog.

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Mastodon Migration

@_elena

This is an absurd and transparent lie, that reflects very badly on Mike Masnick.

We are talking about a $100M investment, and he is asking people to believe they were just "too busy." Hogwash.

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Elena Rossini ⁂Mar 20

@mastodonmigration it’s the first time in the entire history of capitalism that a company wouldn’t publicly boast about raising 100 million dollars

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ozoned Mar 20

@[email protected] @[email protected]

They JUST found it between the couch cushions.

Mastodon Migration (@[email protected])

48K Posts, 1.6K Following, 34.1K Followers · Sharing advice and assisting with the great migration, plus various thoughts and perspectives. Banner Artwork: Julio Lacerda https://linktr.ee/julio.lacerda Avatar Artwork: Brandon Pilcher https://brandonpilchersart.com Individual account not representing any entity or organization. Curates: @[email protected] @[email protected] #mastodonmigration #twittermigration

Mastodon

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Mark ⛵️🏳️‍🌈Mar 20

@ozoned @mastodonmigration @_elena brb, off to check my couch cushions... 🤞🏻

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ozoned Mar 20

@[email protected] @[email protected]

And you know who can never be used to make that money back?

US!

We're FREE.

Folks like BSKY, idk why. But they'll either stay or they'll leave. If they leave, they're not going back to Twitter. If they stay, maybe they don't know or maybe they don't know how good we are. Or maybe they have something we need.

How can we turn this into a strength to HELP people move over?

Bonfire is AMAZING imo. It's not Mastodon. We have so many options, we just need to convince folks that this way is better and we can suit them however they need.

Mastodon Migration (@[email protected])

Mastodon