It should matter that one of Bluesky's investors is Alumni Ventures, which also funded Outlogic (formerly known as X-Mode Social) - basically a data broker that collected and sold location data by tracking various mobile apps (including dating, music, weather, and Muslim prayer apps.)
Among other controversies, Outlogic/X‑Mode had supplied location data to U.S. military contractors:
https://themarkup.org/privacy/2022/01/27/gay-bi-dating-app-muslim-prayer-apps-sold-data-on-peoples-location-to-a-controversial-data-broker & https://www.cyberdaily.au/security/10093-nsa-called-out-for-purchasing-data-from-illegal-data-brokers