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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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  • _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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    • _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
      katzenberger@tldr.nettime.orgK This user is from outside of this forum
      katzenberger@tldr.nettime.orgK This user is from outside of this forum
      katzenberger@tldr.nettime.org
      wrote last edited by
      #70

      @_elena

      Does not add up.

      Did they secure a $100 million funding en passant, while being otherwise "crazy busy and overwhelmed" by their development work?

      And if they were instead crazy busy and overwhelmed precisely because of trying to secure that funding, what kept them from taking the final step of a press release?

      That's not even fishy. It's an insult.

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

        Can you imagine Mastodon raising 100 MILLION dollars from a crypto VC fund and failing to disclose it... for a full year? No I can't either.

        And from their actual press release: "The Atmosphere currently contains about 20 billion public records—the posts, likes, comments and other interactions that bring the ecosystem to life. It's an astonishing collection of what open social infrastructure makes possible."

        Link Preview Image
        Bluesky's 2025 $100M Series B Lays Foundation for Open Social Web - Bluesky

        In April 2025, Bluesky raised $100 million in Series B funding led by Bain Capital Crypto. Since our Series A, we've grown from 13 million to over 43 million global users.

        favicon

        Bluesky (bsky.social)

        How I read it: data harvesting at its finest 💁‍♀️

        #Bluesky

        greenwhale@dice.campG This user is from outside of this forum
        greenwhale@dice.campG This user is from outside of this forum
        greenwhale@dice.camp
        wrote last edited by
        #71

        @_elena we could ask our founder and CEO John Mastodon about it, for sure. 😁

        1 Reply Last reply
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        • ulrikehahn@fediscience.orgU ulrikehahn@fediscience.org

          @_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 This user is from outside of this forum
          mat@zelk.spaceM This user is from outside of this forum
          mat@zelk.space
          wrote last edited by
          #72

          @UlrikeHahn @_elena how is it different from the fediverse? as long as there's a firehose, anyone can crawl mastodon.social or any other instance and do the same

          ulrikehahn@fediscience.orgU 1 Reply Last reply
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          • mat@zelk.spaceM mat@zelk.space

            @UlrikeHahn @_elena how is it different from the fediverse? as long as there's a firehose, anyone can crawl mastodon.social or any other instance and do the same

            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
            #73

            @mat @_elena

            it seems both legally different to me and different in design:

            Link Preview Image
            Bridging to Bluesky: The open social web, consent, and GDPR

            There’s been intense discussion across the fediverse, GitHub, blogs, and articles about a bridge that would let you use a Mastodon accou...

            favicon

            UlrikeHahn (write.as)

            mat@zelk.spaceM 1 Reply Last reply
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            • wjmaggos@liberal.cityW wjmaggos@liberal.city

              @_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 This user is from outside of this forum
              mat@zelk.spaceM This user is from outside of this forum
              mat@zelk.space
              wrote last edited by
              #74

              @wjmaggos I agree with you, even if permissive data is coming this year. for the appview part, anyone can build his own and pick the data they want from the pds. there's also dozens of different alternatives already, which limits enchittification

              @_elena @benroyce

              benroyce@mastodon.socialB wjmaggos@liberal.cityW 2 Replies 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
                mastodonmigration@mastodon.onlineM This user is from outside of this forum
                mastodonmigration@mastodon.onlineM This user is from outside of this forum
                mastodonmigration@mastodon.online
                wrote last edited by
                #75

                @_elena

                This is an absurd and transparent lie, that reflects very badly on Mike Masnick.

                We are talking about a $100M investment, and he is asking people to believe they were just "too busy." Hogwash.

                _elena@mastodon.social_ 1 Reply Last reply
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                • ulrikehahn@fediscience.orgU ulrikehahn@fediscience.org

                  @mat @_elena

                  it seems both legally different to me and different in design:

                  Link Preview Image
                  Bridging to Bluesky: The open social web, consent, and GDPR

                  There’s been intense discussion across the fediverse, GitHub, blogs, and articles about a bridge that would let you use a Mastodon accou...

                  favicon

                  UlrikeHahn (write.as)

                  mat@zelk.spaceM This user is from outside of this forum
                  mat@zelk.spaceM This user is from outside of this forum
                  mat@zelk.space
                  wrote last edited by
                  #76

                  @UlrikeHahn it surely is, but nothing technically prevents anyone to crawl data from https://[any_instance]/public/local automatically. It's even worse on AP because you never really delete a post as it's duplicated on a thousands different instances. Someone already did a firehose of activitypub but I can't remember his @

                  @_elena

                  ulrikehahn@fediscience.orgU 1 Reply Last reply
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                  • mastodonmigration@mastodon.onlineM mastodonmigration@mastodon.online

                    @_elena

                    This is an absurd and transparent lie, that reflects very badly on Mike Masnick.

                    We are talking about a $100M investment, and he is asking people to believe they were just "too busy." Hogwash.

                    _elena@mastodon.social_ This user is from outside of this forum
                    _elena@mastodon.social_ This user is from outside of this forum
                    _elena@mastodon.social
                    wrote last edited by
                    #77

                    @mastodonmigration it’s the first time in the entire history of capitalism that a company wouldn’t publicly boast about raising 100 million dollars

                    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
                      mike@thecanadian.socialM This user is from outside of this forum
                      mike@thecanadian.socialM This user is from outside of this forum
                      mike@thecanadian.social
                      wrote last edited by
                      #78

                      @_elena I'm not going to mince words here, that's either total bullshit from Mike or incompetence from the team, or both. You've just received 100 mil in the bank and you can't get a staffer to spend an hour writing a press release. The real hold up was figuring out how they were going to explain it which they still haven't done.

                      1 Reply Last reply
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                      • mat@zelk.spaceM mat@zelk.space

                        @wjmaggos I agree with you, even if permissive data is coming this year. for the appview part, anyone can build his own and pick the data they want from the pds. there's also dozens of different alternatives already, which limits enchittification

                        @_elena @benroyce

                        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
                        #79

                        @mat @wjmaggos @_elena

                        Great. So maybe someday in the future the bluesky ecosystem will eventually have what mastodon already has

                        mat@zelk.spaceM 1 Reply Last reply
                        0
                        • mat@zelk.spaceM mat@zelk.space

                          @UlrikeHahn it surely is, but nothing technically prevents anyone to crawl data from https://[any_instance]/public/local automatically. It's even worse on AP because you never really delete a post as it's duplicated on a thousands different instances. Someone already did a firehose of activitypub but I can't remember his @

                          @_elena

                          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
                          #80

                          @mat @_elena I think the legal aspect matters. And once someone downloads an ATproto post it’s not going to vanish by the author deleting it either. There is a freely available archive tool that lets you download your entire Bluesky post history with two clicks. And given how ATproto works, that means you can use the same tool to download, archive and search another users entire history of posts as well

                          ulrikehahn@fediscience.orgU 1 Reply Last reply
                          0
                          • mat@zelk.spaceM mat@zelk.space

                            @wjmaggos I agree with you, even if permissive data is coming this year. for the appview part, anyone can build his own and pick the data they want from the pds. there's also dozens of different alternatives already, which limits enchittification

                            @_elena @benroyce

                            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
                            #81

                            @mat @_elena @benroyce

                            my understanding is that running your own app view with both a decent experience and reasonable cost is not doable. people are not doing that, while many run fedi servers for a few people.

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

                              @_elena @mat

                              if a message is public, it's public. people need to understand anyone can scrape you, on any protocol

                              but there is a difference between the fediverse which has no financial motivations, and bluesky, which does have creepy financial motivations. they can, and will, eventually, simply as a matter of the inevitable financial imperative of seedy cryptobro creeps, to do things with your data *on the inside*

                              (private messages, linking it with data in other plutocrat silos, etc)

                              sab@hostux.socialS This user is from outside of this forum
                              sab@hostux.socialS This user is from outside of this forum
                              sab@hostux.social
                              wrote last edited by
                              #82

                              Isn't there also something about the idea of the ATProto ID that it should follow you across the web, making tracking across services easier? On the fediverse we have accounts that are separate, and tracking the same user across the internet remains a significant challenge.

                              This seems to me to be the real problem BS sought to solve.
                              @benroyce @_elena @mat

                              benroyce@mastodon.socialB 1 Reply Last reply
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                              • ulrikehahn@fediscience.orgU ulrikehahn@fediscience.org

                                @mat @_elena I think the legal aspect matters. And once someone downloads an ATproto post it’s not going to vanish by the author deleting it either. There is a freely available archive tool that lets you download your entire Bluesky post history with two clicks. And given how ATproto works, that means you can use the same tool to download, archive and search another users entire history of posts as well

                                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
                                #83

                                @mat @_elena there will hopefully be restricted visibility posts in ATproto eventually. But they weren’t part of the original design

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

                                  @mat @wjmaggos @_elena

                                  Great. So maybe someday in the future the bluesky ecosystem will eventually have what mastodon already has

                                  mat@zelk.spaceM This user is from outside of this forum
                                  mat@zelk.spaceM This user is from outside of this forum
                                  mat@zelk.space
                                  wrote last edited by
                                  #84

                                  @benroyce personally, I think atproto architecture is way ahead of activitypub and does almost anything activitypub ever did. what do you mean by saying "bluesky hasn't everything mastodon has" ?

                                  @wjmaggos @_elena

                                  1 Reply Last reply
                                  0
                                  • sab@hostux.socialS sab@hostux.social

                                    Isn't there also something about the idea of the ATProto ID that it should follow you across the web, making tracking across services easier? On the fediverse we have accounts that are separate, and tracking the same user across the internet remains a significant challenge.

                                    This seems to me to be the real problem BS sought to solve.
                                    @benroyce @_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
                                    #85

                                    @sab @_elena @mat

                                    Yup

                                    "I want to post some shit on social media with an anime profile picture" is perfectly cromulent and so who gives a fuck about DID

                                    The same with the "your messages are portable!" bit the bluesky cringe crew keep enthusing about

                                    Oh yeah, the meme I posted about the Oppenheimer movie 2 years ago is an extremely important record I must preserve for all posterity

                                    2 weeks later, no one gives a shit about your posts

                                    Social media is ephemeral nonsense, not a doctoral thesis

                                    mat@zelk.spaceM 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
                                      crazyeddie@mastodon.socialC This user is from outside of this forum
                                      crazyeddie@mastodon.socialC This user is from outside of this forum
                                      crazyeddie@mastodon.social
                                      wrote last edited by
                                      #86

                                      @_elena He makes it sound like it's me trying to file my taxes on time or something. Anxiety disorder creating artificial roadblocks and "forgetting". I'm also the "CEO" of a software company but mine isn't going anywhere at all, like EVER.

                                      I wonder if he's on SSI. I've been considering it...

                                      And the whole team has it!!?? I'm sorry. That must be a real mess to manage. Does everyone panic at the same time or y'all take turns?

                                      We take turns.

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

                                        @sab @_elena @mat

                                        Yup

                                        "I want to post some shit on social media with an anime profile picture" is perfectly cromulent and so who gives a fuck about DID

                                        The same with the "your messages are portable!" bit the bluesky cringe crew keep enthusing about

                                        Oh yeah, the meme I posted about the Oppenheimer movie 2 years ago is an extremely important record I must preserve for all posterity

                                        2 weeks later, no one gives a shit about your posts

                                        Social media is ephemeral nonsense, not a doctoral thesis

                                        mat@zelk.spaceM This user is from outside of this forum
                                        mat@zelk.spaceM This user is from outside of this forum
                                        mat@zelk.space
                                        wrote last edited by
                                        #87

                                        @benroyce atproto is way more than a protocol for microblogging. messages aren't the only data our pds stores. it can log all the movies/tvshows we watched, all of our blogs, music history, rss feeds, encrypted messages, games, etc can be stored out there

                                        I think you're criticizing atproto without being aware of how powerful it is. bluesky is just a brick of atproto, just like mastodon is just a brick of activitypub

                                        @sab @_elena

                                        benroyce@mastodon.socialB 1 Reply Last reply
                                        0
                                        • mat@zelk.spaceM mat@zelk.space

                                          @benroyce atproto is way more than a protocol for microblogging. messages aren't the only data our pds stores. it can log all the movies/tvshows we watched, all of our blogs, music history, rss feeds, encrypted messages, games, etc can be stored out there

                                          I think you're criticizing atproto without being aware of how powerful it is. bluesky is just a brick of atproto, just like mastodon is just a brick of activitypub

                                          @sab @_elena

                                          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
                                          #88

                                          @mat @sab @_elena

                                          You sound like a cryptobro with your endless enthusiasm for an exciting future while utterly ignoring the pathetic present. Correct: mastodon is just one brick... in an entire house. While bluesky is one brick... oh wait it's the only brick, there's no house, there's no decentralized reality. Just endless cryptobro style salesmanship

                                          mat@zelk.spaceM 1 Reply Last reply
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