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CIRCLE WITH A DOT

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  3. Can you imagine Mastodon raising 100 MILLION dollars from a crypto VC fund and failing to disclose it... for a full year?

Can you imagine Mastodon raising 100 MILLION dollars from a crypto VC fund and failing to disclose it... for a full year?

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bluesky
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  • tedmielczarek@mastodon.socialT tedmielczarek@mastodon.social

    @_elena all the startups I've worked for have blasted out press releases the moment their funding rounds closed. Part of being a startup means constantly vying for attention. This explanation does not hold up.

    wjmaggos@liberal.cityW This user is from outside of this forum
    wjmaggos@liberal.cityW This user is from outside of this forum
    wjmaggos@liberal.city
    wrote last edited by
    #50

    @tedmielczarek @_elena

    Is there any requirement to make it public within 1 year? otherwise I wonder why they're announcing it at all.

    1 Reply Last reply
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    • mariusor@metalhead.clubM mariusor@metalhead.club

      @stefan frankly I don't think that migrating from URLs to DIDs as identifiers would still qualify as the same protocol in the case of ActivityPub.

      So, if ActivityPub is the main component of the Fediverse - which it is for me - I don't think we'll be able to reproduce _all_ the functionality ATProto has.

      @_elena @benroyce @mat

      benroyce@mastodon.socialB This user is from outside of this forum
      benroyce@mastodon.socialB This user is from outside of this forum
      benroyce@mastodon.social
      wrote last edited by
      #51

      @mariusor @stefan @_elena @mat

      mastodon was playing around with DIDs at some point

      you can find references to it in the documentation (deprecated now for a long time)

      example:

      Link Preview Image
      IdentityProof - Mastodon documentation

      Represents a proof from an external identity provider.

      favicon

      (docs.joinmastodon.org)

      not sure why they abandoned it

      maybe because DID just isn't there yet

      mariusor@metalhead.clubM 1 Reply Last reply
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      • _elena@mastodon.social_ _elena@mastodon.social

        Mike Masnick, who sits on the board of #Bluesky, claims the team was too busy to announce the series B funding (see screenshot).

        But something is fishy.

        Even the VC firm - Bain Capital Crypto - isn't listing Bluesky anywhere on their website: https://baincapitalcrypto.com/portfolio/

        Why the mystery? Was Bluesky afraid of a public backlash & asked to keep the information under wraps?

        Sorry if I keep repeating myself but I will forever be skeptical of Bluesky and think of the tale of the scorpion and the frog.

        Link Preview Image
        benjamineskola@hachyderm.ioB This user is from outside of this forum
        benjamineskola@hachyderm.ioB This user is from outside of this forum
        benjamineskola@hachyderm.io
        wrote last edited by
        #52

        @_elena Yeah, I don't believe this for one minute.

        Considering what a big deal it is for most companies to successfully raise VC money, they want us to believe that it wasn't important enough to make time to announce it? Any other company would drop everything to shout it from the rooftops.

        And a funding round is a significant amount of work already, so are we supposed to believe that after all that work they had to put into it, they didn't schedule time to even do the tiniest announcement about it?

        And like, I would have guessed that the VC firm itself also has PR people whose job it would be to help out with that, and they were still too busy? No.

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        • stefan@stefanbohacek.onlineS stefan@stefanbohacek.online

          @mariusor

          Right, I didn't say all of it, so I don't disagree. But we can definitely fix all the major issues people have with the fediverse in some way.

          @_elena @benroyce @mat

          javascript@app.wafrn.netJ This user is from outside of this forum
          javascript@app.wafrn.netJ This user is from outside of this forum
          javascript@app.wafrn.net
          wrote last edited by
          #53

          yeah actually the concept of DID as decentralized identifiers can have its equivalent in the Portable Objects Proposal described here: https://codeberg.org/fediverse/fep/src/branch/main/fep/ef61/fep-ef61.md

          This is just more complex to do in an ecosystem like the fediverse where implementations are (and have been for a long time) less standarized

          mariusor@metalhead.clubM 1 Reply Last reply
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          • ainmosni@social.ainmosni.euA ainmosni@social.ainmosni.eu

            @_elena @patpro Indeed, but do we need a European SlopHub if @Codeberg already exists?

            otfrom@functional.cafeO This user is from outside of this forum
            otfrom@functional.cafeO This user is from outside of this forum
            otfrom@functional.cafe
            wrote last edited by
            #54

            @ainmosni @_elena @patpro @Codeberg we do need something like 50 to 500 codebergs

            1 Reply Last reply
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            • benroyce@mastodon.socialB benroyce@mastodon.social

              @mariusor @stefan @_elena @mat

              mastodon was playing around with DIDs at some point

              you can find references to it in the documentation (deprecated now for a long time)

              example:

              Link Preview Image
              IdentityProof - Mastodon documentation

              Represents a proof from an external identity provider.

              favicon

              (docs.joinmastodon.org)

              not sure why they abandoned it

              maybe because DID just isn't there yet

              mariusor@metalhead.clubM This user is from outside of this forum
              mariusor@metalhead.clubM This user is from outside of this forum
              mariusor@metalhead.club
              wrote last edited by
              #55

              @benroyce I wasn't speaking of Mastodon because they barely do any effort into being a spec compliant ActivityPub service...

              @stefan @_elena @mat

              benroyce@mastodon.socialB 1 Reply Last reply
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              • mariusor@metalhead.clubM mariusor@metalhead.club

                @benroyce I wasn't speaking of Mastodon because they barely do any effort into being a spec compliant ActivityPub service...

                @stefan @_elena @mat

                benroyce@mastodon.socialB This user is from outside of this forum
                benroyce@mastodon.socialB This user is from outside of this forum
                benroyce@mastodon.social
                wrote last edited by
                #56

                @mariusor @stefan @_elena @mat

                not in an effort to start a fight but just divulging my honest views on the topic:

                so fucking what

                just build shit

                the spec can follow behind later

                waiting for perfect spec structuring before doing anything is an exercise in inertia

                mariusor@metalhead.clubM 1 Reply Last reply
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                • _elena@mastodon.social_ _elena@mastodon.social

                  Mike Masnick, who sits on the board of #Bluesky, claims the team was too busy to announce the series B funding (see screenshot).

                  But something is fishy.

                  Even the VC firm - Bain Capital Crypto - isn't listing Bluesky anywhere on their website: https://baincapitalcrypto.com/portfolio/

                  Why the mystery? Was Bluesky afraid of a public backlash & asked to keep the information under wraps?

                  Sorry if I keep repeating myself but I will forever be skeptical of Bluesky and think of the tale of the scorpion and the frog.

                  Link Preview Image
                  A This user is from outside of this forum
                  A This user is from outside of this forum
                  amoshias@esq.social
                  wrote last edited by
                  #57

                  @_elena oh, Mike. oh, oh, oh, Mike.

                  I like the guy and appreciate what he does but just...

                  this isn't a thing.

                  does he think all the other companies are just sitting around eating bonbons, and this one specific company is busy?

                  1 Reply Last reply
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                  • javascript@app.wafrn.netJ javascript@app.wafrn.net

                    yeah actually the concept of DID as decentralized identifiers can have its equivalent in the Portable Objects Proposal described here: https://codeberg.org/fediverse/fep/src/branch/main/fep/ef61/fep-ef61.md

                    This is just more complex to do in an ecosystem like the fediverse where implementations are (and have been for a long time) less standarized

                    mariusor@metalhead.clubM This user is from outside of this forum
                    mariusor@metalhead.clubM This user is from outside of this forum
                    mariusor@metalhead.club
                    wrote last edited by
                    #58

                    @javascript I thought I was pretty clear in my initial statement: if DIDs are used as primary identifiers for objects, the resulting specification is no longer ActivityPub.

                    Unless the SocialCG comes up with ActivityPub 2.0 that has DID as identifiers, I wouldn't call the implementations that use that FEP as ActivityPub compliant.

                    @_elena @benroyce @stefan @mat

                    1 Reply Last reply
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                    • _elena@mastodon.social_ _elena@mastodon.social

                      @benroyce @mat tangentially related but I'm beginning to think that maybe the whole point of the ATmosphere being open is to find a way to capture billions of data points for profiling / monetization purposes? I know everything is public here too, but the language of their press release gave me the creeps.

                      I may start referring to them as Blue$ky and the ATmo$phere.

                      I mean what's the draw otherwise for VCs and crypto bros?

                      jaypeach53@mastodon.socialJ This user is from outside of this forum
                      jaypeach53@mastodon.socialJ This user is from outside of this forum
                      jaypeach53@mastodon.social
                      wrote last edited by
                      #59

                      @mat @_elena @benroyce B$ky is BullShit.

                      1 Reply Last reply
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                      • benroyce@mastodon.socialB benroyce@mastodon.social

                        @mariusor @stefan @_elena @mat

                        not in an effort to start a fight but just divulging my honest views on the topic:

                        so fucking what

                        just build shit

                        the spec can follow behind later

                        waiting for perfect spec structuring before doing anything is an exercise in inertia

                        mariusor@metalhead.clubM This user is from outside of this forum
                        mariusor@metalhead.clubM This user is from outside of this forum
                        mariusor@metalhead.club
                        wrote last edited by
                        #60

                        @benroyce maybe you want to look through my post history before giving me advice to build shit. I'm not speaking from a point of ignorance.

                        The reason why some of us are trying to stick to the specification is to maximize compatibility between implementations. Each project adding their little flavour of functionality before even bothering to have a solid common foundation is detrimental to the health of the ecosystem as a whole.

                        @stefan @_elena @mat

                        benroyce@mastodon.socialB 1 Reply Last reply
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                        • markmetz@sfba.socialM markmetz@sfba.social

                          @_elena
                          Thanks for highlighting this.
                          Bsky smells of narrative capture to me, much like Substack, (who are now teaming up with prediction markets)

                          bazkie@beige.partyB This user is from outside of this forum
                          bazkie@beige.partyB This user is from outside of this forum
                          bazkie@beige.party
                          wrote last edited by
                          #61

                          @markmetz @_elena what's narrative capture?

                          1 Reply Last reply
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                          • mariusor@metalhead.clubM mariusor@metalhead.club

                            @benroyce maybe you want to look through my post history before giving me advice to build shit. I'm not speaking from a point of ignorance.

                            The reason why some of us are trying to stick to the specification is to maximize compatibility between implementations. Each project adding their little flavour of functionality before even bothering to have a solid common foundation is detrimental to the health of the ecosystem as a whole.

                            @stefan @_elena @mat

                            benroyce@mastodon.socialB This user is from outside of this forum
                            benroyce@mastodon.socialB This user is from outside of this forum
                            benroyce@mastodon.social
                            wrote last edited by
                            #62

                            @mariusor @stefan @_elena @mat

                            i don't give a shit about your post history. i have no doubt you're quite knowledgeable and i don't think you're ignorant at all

                            but i think "stick to the spec" is purposeful impotence

                            just build shit and fuck the spec. the spec can follow along later, and if a feature is useful and popular, other projects can copy it

                            nevermind that demanding spec authority in a decentralized system is a fool's errand

                            just do whatever the fuck you want, fuck specs

                            1 Reply Last reply
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                            • _elena@mastodon.social_ _elena@mastodon.social

                              @benroyce @mat tangentially related but I'm beginning to think that maybe the whole point of the ATmosphere being open is to find a way to capture billions of data points for profiling / monetization purposes? I know everything is public here too, but the language of their press release gave me the creeps.

                              I may start referring to them as Blue$ky and the ATmo$phere.

                              I mean what's the draw otherwise for VCs and crypto bros?

                              wjmaggos@liberal.cityW This user is from outside of this forum
                              wjmaggos@liberal.cityW This user is from outside of this forum
                              wjmaggos@liberal.city
                              wrote last edited by
                              #63

                              @_elena @benroyce @mat

                              imo we should think of social media (the social news feed ala bluesky and mastodon etc) as totally public like blogs you can boost. that's different than messaging and groups that need privacy, what I call social networking.

                              I think bluesky's goal is to be the Google/Gmail of all of social media. "it's open so you could use other services but we make it easy and provide a better experience." the way the app view works makes that possible unlike how AP works. enshittify.

                              mat@zelk.spaceM 1 Reply Last reply
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                              • tedmielczarek@mastodon.socialT tedmielczarek@mastodon.social

                                @_elena all the startups I've worked for have blasted out press releases the moment their funding rounds closed. Part of being a startup means constantly vying for attention. This explanation does not hold up.

                                abucci@buc.ciA This user is from outside of this forum
                                abucci@buc.ciA This user is from outside of this forum
                                abucci@buc.ci
                                wrote last edited by
                                #64
                                @tedmielczarek@mastodon.social @_elena@mastodon.social I have had the same experience. I co-founded a startup in 2016 that managed to secure a funding round, and the VCs themselves were giddy about announcing it as widely as possible. I've consulted for startups both before and after that, and as far as I'm aware every one of them that secured funding rapidly announced it. This explanation from Bluesky does not pass a basic smell test.
                                1 Reply Last reply
                                0
                                • tedmielczarek@mastodon.socialT tedmielczarek@mastodon.social

                                  @_elena all the startups I've worked for have blasted out press releases the moment their funding rounds closed. Part of being a startup means constantly vying for attention. This explanation does not hold up.

                                  hipsterelectron@circumstances.runH This user is from outside of this forum
                                  hipsterelectron@circumstances.runH This user is from outside of this forum
                                  hipsterelectron@circumstances.run
                                  wrote last edited by
                                  #65

                                  @tedmielczarek @_elena series B is one of the stages that represents a categorical step up in financing and control structures. series G like sure at that point people tend to stop counting but B is still a champagne event

                                  1 Reply Last reply
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                                  • benroyce@mastodon.socialB benroyce@mastodon.social

                                    @nickapos @_elena

                                    yeah but there's a difference between someone screenscraping your posts somewhere

                                    and a financially motivated effort by seedy cryptobros *on the inside* linking all sorts of private data

                                    - using your email and birthdate to link to other plutocrat data silos

                                    - ingesting your private messages

                                    - profiling your posting behavior

                                    - feeding it all to AI

                                    etc

                                    nickapos@mastodon.oncrete.ukN This user is from outside of this forum
                                    nickapos@mastodon.oncrete.ukN This user is from outside of this forum
                                    nickapos@mastodon.oncrete.uk
                                    wrote last edited by
                                    #66

                                    @benroyce @_elena Yeah i completely agree

                                    1 Reply Last reply
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                                    • _elena@mastodon.social_ _elena@mastodon.social

                                      Mike Masnick, who sits on the board of #Bluesky, claims the team was too busy to announce the series B funding (see screenshot).

                                      But something is fishy.

                                      Even the VC firm - Bain Capital Crypto - isn't listing Bluesky anywhere on their website: https://baincapitalcrypto.com/portfolio/

                                      Why the mystery? Was Bluesky afraid of a public backlash & asked to keep the information under wraps?

                                      Sorry if I keep repeating myself but I will forever be skeptical of Bluesky and think of the tale of the scorpion and the frog.

                                      Link Preview Image
                                      cairobraga@gts.cairobraga.comC This user is from outside of this forum
                                      cairobraga@gts.cairobraga.comC This user is from outside of this forum
                                      cairobraga@gts.cairobraga.com
                                      wrote last edited by
                                      #67

                                      @_elena (can you link the post, please? I'd love to see how people are reacting to this "dog ate my homework"-ass excuse, lol)

                                      1 Reply Last reply
                                      0
                                      • _elena@mastodon.social_ _elena@mastodon.social

                                        Mike Masnick, who sits on the board of #Bluesky, claims the team was too busy to announce the series B funding (see screenshot).

                                        But something is fishy.

                                        Even the VC firm - Bain Capital Crypto - isn't listing Bluesky anywhere on their website: https://baincapitalcrypto.com/portfolio/

                                        Why the mystery? Was Bluesky afraid of a public backlash & asked to keep the information under wraps?

                                        Sorry if I keep repeating myself but I will forever be skeptical of Bluesky and think of the tale of the scorpion and the frog.

                                        Link Preview Image
                                        craig_patrick@mastodon.socialC This user is from outside of this forum
                                        craig_patrick@mastodon.socialC This user is from outside of this forum
                                        craig_patrick@mastodon.social
                                        wrote last edited by
                                        #68

                                        @_elena @Jerry Curious if there’s a plan to monetize #Bluesky you are aware of? Two points to accent your post:

                                        - criticism on #Mastodon initially feels like smearing a rival platform first, investigative reporting second. (Feel free to push back on that, it’s just the vibe I get when I read these articles)

                                        - bureaucracy is an issue with brand communication. This MAY be what Bluesky is encountering because the United States needs to have a serious conversation about the illusion of brand

                                        jerry@hear-me.socialJ 1 Reply Last reply
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                                        • _elena@mastodon.social_ _elena@mastodon.social

                                          @mat sure but it's the language they used that creeped me out - it's like they are using this as a selling point for VCs to say: here, collect all these data

                                          ulrikehahn@fediscience.orgU This user is from outside of this forum
                                          ulrikehahn@fediscience.orgU This user is from outside of this forum
                                          ulrikehahn@fediscience.org
                                          wrote last edited by
                                          #69

                                          @_elena @mat reminder, the Bluesky team explicitly mentioned commercial use of their data in their 2024 arXiv preprint:

                                          “…as Bluesky grows, there are likely to be multiple professionally-run indexers for various purposes. For example, a company that performs sentiment analysis on social media activity about brands could easily create a whole-network index that provides insights to their clients. Web search engines can incorporate Bluesky activity into their indexes,…” pg. 5

                                          it’s been part of the model from the start…

                                          https://arxiv.org/pdf/2402.03239

                                          mat@zelk.spaceM 1 Reply Last reply
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