Rumor has it Bluesky is raising a big round at a $700 million dollar valuation. It’ll push them to even more chase VC returns.
https://www.businessinsider.com/x-competitor-bluesky-valuation-new-funding-round-2025-1
Discussion
How are they even generating revenue? Ads?
nostr:npub1utx00neqgqln72j22kej3ux7803c2k986henvvha4thuwfkper4s7r50e8 no real revenue. They let you buy a domain name for your user name and take a cut of the registration fee.
💀💀💀
I assume they have plans for something else? Maybe not public? No idea.
They’ve said payments for services through a marketplace they’ll run plus advertising and maybe something like zaps. But it’s all speculation. They don’t even know.
Oh soon they’re releasing a subscription. I say soon but I’m guessing some point over next 1-2months.
You can see some of the stuff on GH already, but it’ll offer some basic extra functionality which doesn’t ruin the experience for others. Seems pretty much like Twitter Blue under Jack/Parag’s leadership at Twitter, just little things like app icons, more profile customisation, custom theme colour, etc..
Although not sure how sustainable that’ll be long term 🤔
All the users will be milked daily from some new robot milking device they’re working on in secret.
When you’re a big time VC watching that is better than Netflix and worth the subscription.
this is the most reasonable explanation!
Get users and VCs, figure out monetization later
Solid business model, on a really decentralized element.
Always thought the plan was to turn actual humans into members of worldwide war hammer game based off the labels … etc
Combine #gaming with #social #media could work. Issue is when actual humans hunt down others and I don’t know … drug them or something worse
This won’t end well.🍿
Have you tried SNS SORA I like apps that bridge all. You get you Nostr, Bluesky and Mastodon in one place
You're complicit in ostracizing me by sabotaging nostr in favor of other platforms that more severely limit my reach with blanket bans, full removal of posts, etc
😂
And meanwhile Gleason is trying to sabotage nostr in favor of Bluesky with his bridge bullshit, and when I try to stand up to him about it, nobody gives a fuck and I'm the one that gets more backlash
No future for Bluesky and Truth
Up next, a pump and dump IPO!
I like my protocols V4V.