5 ms·

Makes me think about how Bluesky is also a Public Benefit Corporation and took $8m in funding.

by Kye 3y ago

StreetChief 3y ago
Those who don't learn history are doomed to repeat it, or whatever the saying is.
- caboteria 3y ago
  That, mixed with "there's a sucker born every minute".
- skybrian 3y ago
  "History Does Not Repeat Itself, But It Rhymes" - possibly Theodor Reik [1] I expect Bluesky to make their own mistakes. [1] https://quoteinvestigator.com/2014/01/12/history-rhymes/ https://quoteinvestigator.com/2014/01/12/history-rhymes/
  - StreetChief 3y ago
    This is the quote I believe: "Those who cannot remember the past are condemned to repeat it" - George Santayana [1] https://en.wikipedia.org/wiki/George_Santayana https://en.wikipedia.org/wiki/George_Santayana
    - skybrian 3y ago
      Yes, but I like the other one better.
      - StreetChief 3y ago
        Ah I assumed you were correcting me, apologies.
Analemma_ 3y ago
I mean Bluesky is founded by Jack Dorsey, who made a fortune for shareholders with his last social media company by conning an idiot into paying way above market value for it. Of course it'll be hard to make that particular lightning bolt strike twice, but it's not like he doesn't have a good track record.
- Aeolun 3y ago
  For investors anyhow. It could be argued that he ransomed his users.
- deleted 3y ago
  [deleted]
- steveklabnik 3y ago
  Dorsey is not involved anymore; he technically has a board seat, but he deleted his account, and does not appear to care about BlueSky anymore.
- DeathArrow 3y ago
  >conning an idiot into paying way above market value for it. That idiot, how you call him, bought the user base and the market position of Twitter. Either he has a plan to make it profitable or he doesn't care, as long as he doesn't loose too much money.
  - Analemma_ 3y ago
    The fact that he immediately tried to back out of the deal, to the point of going to court about it, suggests to me your version of events is not correct and the "idiot got conned" interpretation is much closer to the truth.
omoikane 3y ago
I don't think Bluesky was launched with a manifesto, so the user expectations are different. That, and the fact that the lifespans of new social networks appear to be getting shorter and shorter with each new generation. If Bluesky were to disappear in a few months, the general reaction might be "Oh no! Anyway, what's next?"

Makes me think about how Bluesky is also a Public Benefit Corporation and took $8m in funding.

by Kye 3y ago

Makes me think about how Bluesky is also a Public Benefit Corporation and took $8m in funding.

StreetChief 3y ago

Those who don't learn history are doomed to repeat it, or whatever the saying is.

caboteria 3y ago
That, mixed with "there's a sucker born every minute".
skybrian 3y ago
"History Does Not Repeat Itself, But It Rhymes" - possibly Theodor Reik [1] I expect Bluesky to make their own mistakes. [1] https://quoteinvestigator.com/2014/01/12/history-rhymes/ https://quoteinvestigator.com/2014/01/12/history-rhymes/
- StreetChief 3y ago
  This is the quote I believe: "Those who cannot remember the past are condemned to repeat it" - George Santayana [1] https://en.wikipedia.org/wiki/George_Santayana https://en.wikipedia.org/wiki/George_Santayana
  - skybrian 3y ago
    Yes, but I like the other one better.
    - StreetChief 3y ago
      Ah I assumed you were correcting me, apologies.

Analemma_ 3y ago

I mean Bluesky is founded by Jack Dorsey, who made a fortune for shareholders with his last social media company by conning an idiot into paying way above market value for it. Of course it'll be hard to make that particular lightning bolt strike twice, but it's not like he doesn't have a good track record.

Aeolun 3y ago
For investors anyhow. It could be argued that he ransomed his users.
deleted 3y ago
[deleted]
steveklabnik 3y ago
Dorsey is not involved anymore; he technically has a board seat, but he deleted his account, and does not appear to care about BlueSky anymore.
DeathArrow 3y ago
>conning an idiot into paying way above market value for it. That idiot, how you call him, bought the user base and the market position of Twitter. Either he has a plan to make it profitable or he doesn't care, as long as he doesn't loose too much money.
- Analemma_ 3y ago
  The fact that he immediately tried to back out of the deal, to the point of going to court about it, suggests to me your version of events is not correct and the "idiot got conned" interpretation is much closer to the truth.

omoikane 3y ago

I don't think Bluesky was launched with a manifesto, so the user expectations are different. That, and the fact that the lifespans of new social networks appear to be getting shorter and shorter with each new generation. If Bluesky were to disappear in a few months, the general reaction might be "Oh no! Anyway, what's next?"