this post was submitted on 25 Nov 2024
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[–] shoulderoforion@fedia.io 5 points 1 week ago (14 children)

Remember kids, Jack Dorsey still owns BLUESKY, and if anyone is trying to tell you he doesn't, they're lying.

Dorsey is THE founder of BLUESKY, and is it's largest shareholder, even though he is no longer on the board, and went through the theater of closing his BLUESKY account, he will have the say in pretty much everything, not the least of which, which fascist Elon Musk clone, BLUESKY is sold to, when of course it eventually it will be.

Fool me once.

[–] seaQueue@lemmy.world 16 points 1 week ago (1 children)

Bluesky has exactly the same monetization and profitability issues twitter did, if anyone tries to tell you differently they're lying. Sooner or later Bluesky will fatten a sufficient crop of highly engaged users and run out of venture capital runway and be forced to look for someone to buy the platform. There's no way around this.

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