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by steveklabnik 580 days ago
I fully agree that a PBC isn’t a panacea. That doesn’t change the fact that you’re confidently asserting incorrect things. I don’t expect that you’ll change your mind, so I’m not trying to convince you, I just want to make sure that the facts are laid out.
1 comments

That I change my mind about what?

What I'm saying is that very likely Bluesky will grow for a few years without making a cent of profit, and be acquired by another company. And this has not much to do with if they are a PBC or LLC or whatever...

> But the decisions you made with ATProto so far make real federation almost impossible.

This kind of stuff.

> very likely Bluesky will grow for a few years without making a cent of profit, and be acquired by another company.

Or this bit.

It's fine, you're entitled to your opinion. I see things differently. I just mean I'm not trying to convince you of that stuff.

% of VC-funded tech startups that exit via appreciable >$0 acquisition is actually not particularly high relative to total failure/success, which makes sense if you think about it. The odds would seem even lower in this case just for mentioning the word "federated," regardless of the tech.