It's even worse than it appears..
Friday, March 20, 2026
Quick note on Bluesky's disclosures. Yesterday they disclosed $100 million investment in April last year. It's good that they cleared it up, but bad that they were hiding it for so long. Everything about what they do is based on trust. New management probably is the reason this happened now. They should also clean up the promises they've made about Bluesky as a platform. I've done the homework, having developed a few apps using their API, some are still running. If I were their new CEO, I would announce that in addition to supporting AT Proto, they will also hook up Bluesky to the web. The web is already decentralized. Lots of developers know how to build web stuff. We can all breathe the same air. #
Knight Foundation: "How did a private foundation with roots in local journalism and civic life find itself on a cap table with venture capital firms like Bain Capital Crypto and Bloomberg Beta to invest in a tech startup?" Imho because they misled you.#

© copyright 1994-2026 Dave Winer.

Last update: Friday March 20, 2026; 11:02 AM EDT.

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