So let me see if I have this right:

Not only did BlueSky accept $100 million in funding from a Bain Capital Crypto - an obviously crypto associated investment firm - but a few weeks ago the notably transphobic CEO stepped down, not to leave the company, but to allow an AI-boosting, investment fund asshole figurehead take over the CEO position while she continues to pollute the C-suite elsewhere?

Yeah.

Yeah, that sounds like it's going to turn out GREAT.

I am POSITIVE this is going to be the bastion of safety and community that people keep telling me it is. I'm sure NOTHING will go sideways.

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

https://bsky.social/about/blog/03-09-2026-a-new-chapter-for-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
@Phorm p’much. Gonna start posting less there and here more.

@V_Mags_Fox

I wish more people would, however selfish that is of me!

@Phorm Not at all selfish of you. Might even consider moving this account over Dragon.