3 ms·

They took $8m in funding already. Slow, steady, and stable might not be enough now. Those investors will want to get their piece sooner or later. https://techc

• dvngnt_ 3y ago
  8 mill not that huge
  • Kye 3y ago
    Fundraising has a way of escalating until they've given away so much control that they have no choice but to grow. What do you think happens when the $8m runs out and they still haven't found a way to fund it? Twitter took decades to just barely figure it out on the back of a generational crisis that kept a lot of people inside wasting time on social media. The whole concept of federation is that most of the users are on other people's servers, so an ad-based solution isn't as obvious. They can't count on all those eyeballs being monetizable if they're serious about the AT protocol.