this post was submitted on 29 Mar 2024
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Bluesky has no ads, and a chronological feed.
No ads ... Yet.
It was funded by venture capitalists that demand payback.
They are currently in enshittification stage 1 where everything is wonderful and free. The users have not been monetized yet.
That's not their business plan.
It is worth noting that what they posted in their business plan in July 23 (1) differs quite a bit from what Jay Graber mentioned as their business plan in an interview with The Verge in Feb 24 (2), which again differs on quite a few points from what Jay Graber mentioned in a podcast with The Verge in March 24 (3).
(1): https://bsky.social/about/blog/7-05-2023-business-plan (2): https://www.theverge.com/2024/2/6/24062837/bluesky-drops-invite-system-begins-federation-at-protocol (3): https://www.theverge.com/2024/3/25/24108872/bluesky-ceo-graber-federation-social-media-decoder-interview
Thanks for the links!
Just FYI, Lemmy markdown for numbered lists is as follows:
Is PieFed markdown different?