Chris Messina

Bluesky announces $100M raise... from a year ago!

Great Scott!

Bluesky raised $100M Series B from Bain Capital Crypto, with participation from Alumni Ventures, Anthos Capital, Bloomberg Beta, Knight Foundation and True Ventures.

Why they waited a year to tell anyone about it is anyone's guess. 👸🏻

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Nika

Maybe they waited for that moment when Jay Graber steps down and the new CEO, Toni Schneider, because the growth was stagnating... so maybe they could announce the funding under a “new growth phase” narrative.

Chris Messina

@busmark_w_nika maybe, but Mike Masnick (Bluesky board member) said it was more a matter of other priorities...