I recently finished the episode of The Verge’s podcast #Decoder with the interview to Bluesky’s CEO and it seems a quite interesting project. At the beginning I wasn’t looking really into it because of their choice of using a new protocol instead of the existing ActivityPub, but after listening to her and the reasons behind this choice maybe I’ll give them a chance.
What do you think? Do you use it alongside with the fediverse?
Bluesky has no ads, and a chronological feed.
Huh, interesting. What’s their business model then, and how do they plan to scale?
https://bsky.social/about/blog/7-05-2023-business-plan
No ads … Yet.
It was funded by venture capitalists that demand payback.
They are currently in enshittification stage 1 where everything is wonderful and free. The users have not been monetized yet.
That’s not their business plan.
It is worth noting that what they posted in their business plan in July 23 (1) differs quite a bit from what Jay Graber mentioned as their business plan in an interview with The Verge in Feb 24 (2), which again differs on quite a few points from what Jay Graber mentioned in a podcast with The Verge in March 24 (3).
(1): https://bsky.social/about/blog/7-05-2023-business-plan (2): https://www.theverge.com/2024/2/6/24062837/bluesky-drops-invite-system-begins-federation-at-protocol (3): https://www.theverge.com/2024/3/25/24108872/bluesky-ceo-graber-federation-social-media-decoder-interview
I read their posted business plan, and there is no way on God’s green earth that what they have in their business plan will raise the money they need.