@molly0xfff I've said before that for the fediverse to "win", we just have to wait until the "competition" gets enshittified.
I'm relieved to see that it might not actually take that long!
if time-to-enshittification-rate (whatever that term at this point even means) is correlated to funding rate, Bluesky's much lower funding rate compared to Twitter in the same stage of the platform's life, it would suggest that it would take quite a while for bluesky to get enshittified. 15milion usd is a pretty low amount of money, and Im guessing they couldve raised a lot more if they wanted to, considering the MAU graphs they can show
(source: https://bsky.app/profile/ripperoni.com/post/3l7brn5wero2j)
@laurenshof @stefan @molly0xfff yeah, fwiw I think the dollar amount here is probably the least concerning thing. they're easily on track to generate more than enough value to justify that. it's the everything else about vc that is more of an issue.