Bluesky raised an $8M seed led by Neo and partners with Namecheap to offer easy custom domain purchasing and management, Bluesky's first paid service
Hours before Meta launches its anticipated Instagram competitor, Threads, another Twitter rival — Bluesky — is announcing additional funding and its first paid service.
TechCrunch Sarah Perez
Related Coverage
- Our Plan for a Sustainably Open Social Network Bluesky
- Decentralized Twitter Rival Bluesky Announces $8M Fundraise, Paid Services Decrypt · Andrew Asmakov
- Bluesky starts selling domains to avoid advertising Dexerto · Joel Loynds
- Purchase and Manage Domains Directly Through Bluesky Bluesky
- Bluesky begins offering custom domains in its bid to remain ad-free Engadget · Mariella Moon
- Also, BlueSky recently changed from a ‘Public Benefit LLC (PBLLC)’ to a ‘Public Benefit (C) Corporation (PBC)’— ...which they say is “to gain more independence from the legacy of the past.” — Both of those are for-profit corporations. They are both recognized in a handful of states and are relatively new business structures. … @dalfen@universeodon.com
- Bluesky just closed an $8M funding round — https://blueskyweb.xyz/... Bluesky is smaller than Mastodon.social _alone_ — Mastodon.social and Mastodon.online host about 400k active users with a handful of moderators and developers funded on a $30k/month Patreon, plus whatever the project gets from Liberapay and the thing on Join Mastodon … @Kye@tech.lgbt
- #Bluesky — How many domains do you have to sell to return an eight million USD seed investment? VCs aim for 10x? So 80 millions USD. Namecheap pays affiliates 20%. Most domains cost around $10 per year. That's $2 per sale. 40 million domains to satisfy venture investments. — Stop. … @luca@social.luca.run
Discussion
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@revan.bsky.social
Doc Revan
on bluesky
This is a pretty reasonable and inoffensive first paid service. [embedded post]
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@biz.bsky.social
Ben Salinas
on bluesky
It looks like Tumblr's parent company is investing in Bluesky and the AT Protocol. — via https://techcrunch.com/... [image]
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@rose.bsky.team
@rose.bsky.team
on bluesky
Big shoutout to @jacob.gold who single-handedly built out our new domains-as-a-handle service while also scaling our infra to handle the network growth over the last weeks. — https://blueskyweb.xyz/... [embedded post]
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@annmlipton.bsky.social
Ann M. Lipton
on bluesky
I apologize for defaming Bluesky. They converted to a public benefit corp and just announced it: — https://blueskyweb.xyz/... As a biz law prof, I'm disappointed; now I can't use it as like the only pb llc in existence⚖️ [embedded post]
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@flipbunny.bsky.social
Flip Bunny
on bluesky
It is cool to see Bluesky testing out different business models beyond just assuming they will eventually run ads. — This is cool. I also appreciate the transparency. — This writeup is good. — https://blueskyweb.xyz/...
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@matma.bsky.social
@matma.bsky.social
on bluesky
I wont pay for tweetdeck on twitter, but i'd definitely pay for that type of service on a platform with a brighter future that I want to continue using.
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@rose.bsky.team
@rose.bsky.team
on bluesky
Very excited to announce our seed round and our first paid service - easy to setup custom domains - in partnership w Namecheap. Since our data is public, we won't be selling data for ads. It's time for new ways of operating in social! [embedded post]
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@pfrazee.com
Paul Frazee
on bluesky
Please everybody read this thread! It has important information about our thinking about sustainable monetization and a new domain-name registration service we're launching [embedded post]
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@bsky.app
@bsky.app
on bluesky
Bluesky is a public benefit corp with the mission “to develop and drive large-scale adoption of technologies for open and decentralized public conversation.” — The PBC status allows us to pursue our mission above profit, but we still need to make this open ecosystem sustainable…
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@nerdjpg
@nerdjpg
on x
Bluesky has announced their first way to make money: partnering with namecheap for domains so you can have a verified identify accords apps as ATP grows. They list the negatives of ads and do not mention increased data collection (so far) article https://blueskyweb.xyz/...