Another week goes by with no idea who owns #Bluesky. 🤷
In early January they were supposedly finalizing a huge deal lead by Bain Capital (yes that Bain Capital) valuing the company at $700M.
https://www.businessinsider.com/x-competitor-bluesky-valuation-new-funding-round-2025-1?op=1
No details on the investors was shared, and since then crickets, no information. 🤔
They have to be running out of money from their earlier $15M Blockchain Capital cryptobro funding round. 🤔
So, who now owns Bluesky?
Was it bought up by some billionaire? We just don't know.
In early January they were supposedly finalizing a huge deal lead by Bain Capital (yes that Bain Capital) valuing the company at $700M.
https://www.businessinsider.com/x-competitor-bluesky-valuation-new-funding-round-2025-1?op=1
No details on the investors was shared, and since then crickets, no information. 🤔
They have to be running out of money from their earlier $15M Blockchain Capital cryptobro funding round. 🤔
So, who now owns Bluesky?
Was it bought up by some billionaire? We just don't know.
X competitor Bluesky's valuation jumps to around $700 million
Bluesky is raising new funding led by Bain Capital Ventures that would value the social media company at around $700 million, according to sources.Ben Bergman (Business Insider)
