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New funding is both good and bad for a social platform. The VC funders obviously expect a sizeable return on their investment. The pressure to achieve this pa
by jqpabc123 2y ago
New funding is both good and bad for a social platform.
The VC funders obviously expect a sizeable return on their investment.
The pressure to achieve this paves the road toward enshittification --- just like it has at X.
- krapp 2y agoYes, this is probably the beginning of the end for Bluesky. Luckily none of the vultures are circling Mastodon yet.
- wkat4242 2y agoWith Mastodon there isn't really anything to sell. The software is FOSS and the network is not controlled by any one company. Bluesky is still fairly centralised and thus has more ways of getting enshittified. I believe they are planning to decentralise more but this will be a lot harder now with 700M incentives not to do so.
- verzali 2y agoGrowth will handle that for a while, so I don't think enshittification will start just yet. But eventually it will go the same way as all the rest.