Who Owns Bluesky?
As we head into the critical US midterms with Democrats congregating on #Bluesky, it is a good time to once again try to dig into the mystery of who owns Bluesky.
Unlike Mastodon, Bluesky is not transparent about ownership or finances, but the latest scant public information is available here: Who Owns Bluesky, and Will it IPO >>> https://accessipos.com/bluesky-stock-ipo/
Last public funding round was $15M in on October 2024, and with no apparent revenue they must be running out of money.
RE: https://mastodon.online/@mastodonmigration/115589387411607770
Why does it matter who owns Bluesky?
Because, as we saw in the run up to the 2024 election, these social networks can be used as information warfare tools, to alternatively suppress or amplify.
We have already seen how administration misinformation is allowed on #Bluesky. What guarantees do we have that Democrats will not be deemphasized or muted in the upcoming election cycle?