Who owns Bluesky?
The curious mystery of the Bluesky Series B funding round.
Did it happen?
If you look at pitchbook (pitchbook.com/profiles/company…) it seems Bluesky closed a whopping $97 million funding round resulting in a $700M valuation in January 2025. VCpedia lists Greylock, alumni ventures and Skyseed as participants (vcpedia.com/rounds/5195).
The interesting thing is there are no press releases or other media coverage confirming this financing.
Read on...
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This entry was edited (1 week ago)
Neel
in reply to Mastodon Migration • • •I like to compare mastodon vs bluesky like gsm vs CDMA.
CDMA was owned by one company, gsm was not. Same with bluesky vs mastodon.
CDMA and bluesky are "open" (note the quotes). GSM and Mastodon are truly open (note the no quotes).
CDMA ended up dying after nobody wanted to be a prisoner to Qualcomm. Bluesky is no different.
Mastodon Migration
in reply to Neel • • •@blackbird
Great analogy!
VHS and Betamax works pretty well too.
Chris Trottier
in reply to Mastodon Migration • • •