@transicorn @ikuturso @jackie

Get some audited finacials while you are at it. 🙋‍♂️

@transicorn @ikuturso @jackie

Pitchbook reporting the Series B (while other resources do not) that the Business Insider article https://www.businessinsider.com/x-competitor-bluesky-valuation-new-funding-round-2025-1 intimated and then never followed up on is really curious. Can find no public mention of closing a series B.

Which, altogether makes the question of...

Who owns Bluesky?

...even more of a mystery.

Why is this so convoluted and hard to determine?

@jackie

Those are all from old deliberately misleading press releases. Familiar with everything published on the subject, and nowhere is the ownership breakdown delineated. Further, there is no financial information at all available for the company, including no information concerning any revenue or burn rate. No information on any debts, convertable debt, or warrants. In truth, no authoritative public information on who owns Bluesky or how they continue to operate.

@jackie

You are missing something. The CEO of a corporation is not the owner. She certainly has some equity (stock) in the corporation, but actual ownership is distributed among those who own it's stock (or debt/warrants). Bluesky has not been transparent about who these owners are and in what percentages. We know some things from press releases concerning their VC funding rounds, but not who really owns Bluesky or how they continue to fund their operations with no apparent revenue.

Who really owns Bluesky?

Not some deliberately misleading two year old press release. Who are the owners of the Bluesky PBC corporation? Is there any debt or warrants? To whom? Where is the money coming from?

Why is this a secret?

Seeing reports of algorithmic amplification and suppression over there. Who has their hands on the knobs?

Who owns Bluesky?

#Bluesky