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Dorsey's net worth is something north of $4B, not to mention all the connections he has for investment. Raising a paltry $8M was not due to the difficulty of pr
by stubybubs 3y ago
Dorsey's net worth is something north of $4B, not to mention all the connections he has for investment. Raising a paltry $8M was not due to the difficulty of procuring money; not to attempting to scale rapidly was a deliberate choice. It's quite possibly going to end up a very bad choice.
Seems pretty clear typical users don't care about decentralization, verification for themselves, or algorithm customization at all. They just want to post and look at nonsense.
I'm not sure what will become of Bluesky, but I don't think it'll the Twitter replacement. Seems more like a classic case of developing for power users instead of typical ones.
- greyface- 3y agoJack provided the initial funding 2 years ago, but despite all the chatter to the contrary, it doesn't appear to me that he's involved in the company much these days. On Bluesky, he's not very active, and it's not clear he believes in the platform. His most recent post (https://bsky.app/profile/jack.bsky.social/post/3jy3cth45t22r https://bsky.app/profile/jack.bsky.social/post/3jy3cth45t22r) was 23 days ago, and states that Bluesky "isn't a [Twitter] replacement". He seems to be much more into Nostr these days, judging by his tweets.