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[return to "The quiet death of Ello's big dreams"]
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1. Kye+u61[view] [source] 2024-01-18 21:36:46
>>waxpan+(OP)
Makes me think about how Bluesky is also a Public Benefit Corporation and took $8m in funding.
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2. Analem+CE1[view] [source] 2024-01-19 00:52:44
>>Kye+u61
I mean Bluesky is founded by Jack Dorsey, who made a fortune for shareholders with his last social media company by conning an idiot into paying way above market value for it. Of course it'll be hard to make that particular lightning bolt strike twice, but it's not like he doesn't have a good track record.
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3. DeathA+Jo2[view] [source] 2024-01-19 08:42:12
>>Analem+CE1
>conning an idiot into paying way above market value for it.

That idiot, how you call him, bought the user base and the market position of Twitter. Either he has a plan to make it profitable or he doesn't care, as long as he doesn't loose too much money.

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