BlueSky wants you to trust them, but they raised $100 million from a crypto fund almost a YEAR AGO and didn't tell anyone.

https://techcrunch.com/2026/03/19/bluesky-announces-100m-series-b-after-ceo-transition/

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
@dangillmor I don't see how "they secretly took $100M from crypto grifters 12 months ago" is any more damning than "they publicly took $14M from crypto grifters 17 months ago" but if it gets a new batch of people to realize that they have been telling you who they are and you should believe them, I'll take it. https://jwz.org/b/ykbY
Bluesky now owned by crypto-grifters

My "we will not hyperfinancialize the social experience through tokens, crypto trading or NFTs" t-shirt has people asking a lot of questions already answered by my t-shirt. No not that crypto-grifter. These are different crypto-grifters: We're excited to announce that we've raised a $15 million Series A financing led by Blockchain Capital [...] This does not change the fact that the Bluesky ...

@jwz @dangillmor I'm thinking any "social" software that isn't open source and distributed can never really be trusted.