The enshittification of BlueSky.
In 2025, Bluesky raised $100M from Bain Capital Crypto and "forgot" to tell people for almost a year.
Clearly, Jay Graber's resignation is linked to this.
You can shelve your "less toxic alternative" BS now.
This place is done.
techcrunch.com/2026/03/19/b...
techcrunch.com
Bluesky announces $100M Series B after CEO transition | TechCrunch
The additional funds have been used to scale Bluesky's team, while the company continues to develop Bluesky's app and the underlying ATProto that powers it.