calvadev⚡️ on Nostr: The fact that they needed to re-raise in order to support a supposed protocol's ...

The fact that they needed to re-raise in order to support a supposed protocol's growing user base shows that they're not building it right. Modularity, simplicity, and decentralization should reduce costs, outsource development, and undercut existing business models.

Bottom-up > top-down every day.

quoting
nevent1q…upl3

So Bluesky raised $15 million in a new round with a partner from Blockchain Capital taking a board seat.

https://bsky.social/about/blog/10-24-2024-series-a