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    Mastodon Migration (mastodonmigration@mastodon.online)'s status on Tuesday, 21-Jan-2025 23:38:44 JSTMastodon MigrationMastodon Migration
    in reply to
    • Christine Lemmer-Webber

    @cwebber

    The only small quibble with this is that it is not clear that Bluesky is not currently already owned by hard right interests. And after this next Bain Capital funding round resulting in a $700M valuation, it is a veritable certainty.

    See "Who actually owns Bluesky?": https://mastodon.online/@mastodonmigration/113801236486095587

    #Bluesky

    In conversationabout 2 months ago from mastodon.onlinepermalink

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      Mastodon Migration (@mastodonmigration@mastodon.online)
      from Mastodon Migration
      So, to summarize what we've learned on the second day of trying to figure out: Who actually owns #Bluesky? The company represents that Jay Graber and the employees own Bluesky. This is misleading. In actuality, Bluesky has a host of tech VC shareholders (https://accessipos.com/bluesky-stock-ipo/) and is about to get more in a stunning funding round led by Bain Capital valuing the company at $700M (https://www.businessinsider.com/x-competitor-bluesky-valuation-new-funding-round-2025-1). So who are the current owners of Bluesky? Read on... https://accessipos.com/bluesky-stock-ipo/
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