I think it's all about Bluesky evolving into what most of the majority want: Pre-MusKKKrat Twitter without the fascism and racism shoved down their
thro, throats.
It does look like they did run Jack out of there, though, because he saw that they didn't want the cyberjunk and open space dystopia he was originally selling. Lotsa luck building Nostr, Palie.
It's still a venture capitalist joint, and there are still issues they have to deal with, but gotta say I am surprised.