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@mttaggart @ApostateEnglishman @kims @mekkaokereke It's not owned *entirely* by Graber and the team -- the VCs (more than one firm) did buy a chunk of it, and it's not publicly disclosed how much. The VCs also got some input into corporate governance -- the public part is their board seat. And at this point, Bluesky has no revenue stream, and will have to give up more control if they don't get one soon.

So it's probably not VC controlled right now, but some concern for the future is reasonable.