I guess Ryan runs this instance on a shoestring and even then subsidises it despite our donations.
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beaware@social.beaware.livereplied to keefeglise@mastodonapp.uk last edited by
@keefeglise who'se paying for bluesky? Hopefully the BlueSky company...🤨
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hallenbeck@mastodon.socialreplied to beaware@social.beaware.live last edited by
They are VC funded to the tune of around $8 million for now, I believe. There is talk of them charging for "premium services" and custom domains/user handles. Not sure how much they plan to make through that, however. Seems a bit of a flimsy business model to me. But these tech companies don't care much for robust business models. It's always a case of building a user base then worrying about the money later (usually by monetising the user base)
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hallenbeck@mastodon.socialreplied to hallenbeck@mastodon.social last edited by
Worth noting, founder Jack Dorsey (who also founded Twitter) recently left the board citing the reason as "they are making all the same mistakes as Twitter"