this post was submitted on 29 Mar 2024
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That's not their business plan.
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.
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
Thanks for the links!
Just FYI, Lemmy markdown for numbered lists is as follows:
Is PieFed markdown different?