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Just a reminder that 0% of fediverse admins took on debt to support their communities.
(stefanbohacek.online)
this post was submitted on 24 Oct 2024
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Ah, for context:
"Decentralized social app Bluesky announced on Thursday that it has raised a $15 million Series A round, following its $8 million seed raise last year."
$23 million in debt. Wow.
https://techcrunch.com/2024/10/24/bluesky-raises-15m-series-a-plans-to-launch-subscriptions/