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2025-01-09 18:25:03 UTC

Johannes Ernst on Nostr: So #bluesky is raising more money, according to Business Insider. They say valuation ...

So #bluesky is raising more money, according to Business Insider.

They say valuation is around $700m, which at, say, 10m MAU values them at $70/user. Which is about in the commercial social media platform ballpark.

It also means that every one of you/us with a Bluesky account is expected to make at least $70 in profit for the company.

https://www.businessinsider.com/x-competitor-bluesky-valuation-new-funding-round-2025-1