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What investors? It isn't a public company, and it's registered as a benefit corporation. Anybody who gives them money should have a clue that its priority is not shareholder returns.


Your argument here reduces to "wealthy donors will fund it out of charity", which is not I think a claim Bluesky itself is making.


My argument is any investors should already know what they're getting into.


I'm not expressing a concern for the existing investors!




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