Somebody at my day job tried to sell me on Bluesky by saying it was run by a public benefit corporation and thus was less likely to abuse its users. I wasn't p

Somebody at my day job tried to sell me on Bluesky by saying it was run by a public benefit corporation and thus was less likely to abuse its users. I wasn't persuaded, because I remember ello.co [0] (which shut down in July 2023). It too was run by a public benefit corporation, but it couldn't sustain itself because t-shirt sales and affliate links weren't bringing in enough revenue, and they never got their freemium model off the ground. No great loss, which is what I'll say when Bluesky starts to rot because its operators need to provide ROI to the VCs backing them [1]. [0]: https://en.wikipedia.org/wiki/Ello_(social_network) https://en.wikipedia.org/wiki/Ello_(social_network) [1]: https://decrypt.co/288157/bluesky-raises-15-million-no-crypto https://decrypt.co/288157/bluesky-raises-15-million-no-crypt...