This is a most excellent place for technology news and articles.
So... aren't these wannabe twitter competitors going about the whole thing bass-ackwards?
I saw a broadly similar article the other day about some sort of shakeup in the Mastodon board of directors.
It's as if they think the way do do an internet startup is to first appoint a board of directors and hire a raft of executives, then... um... you know... um... do some business... kinda... stuff....
I follow the Bluesky devs, I feel pretty confident that they are excited and taking their role in building a protocol and platform seriously.
I’ve yet to see a board of directors that wasn’t a joke anywhere though, so I guess I just assumed that this would happen everywhere.
Board positions exist as a way to funnel wealth to the children, relatives and friends of the people startups are going to for their initial investment.
bass-ackwards
is this how kids say ass-backwards now, or is this an attempt to avoid the (nonexistent) lemmy profanity filters lol
I've heard it "bass-ackwards" way more than "ass-backwards", for decades
It's basically ass-backwards said ass-backwards.
I had high school teachers in the 80s who said it.
Ha, it's been the family friendly variant for at least a few decades
Pobody's Nerfect
I’ve been ironically saying it for years tbh
It’s the corporate boomer way of saying it.
What do you mean? The board provides the guidance and plots the course for the "low potential" people to follow.
/sarcasm
Edit: I should clarify, my comment is not so much about Jack, but about people that run companies, but don't do things.
You um... did know that um... mastodon did produce a um... product before the board change, right?
They may not know step 3, but they know that step 4 is PROFIT!
Mastodon gains a twitter board member and Bluesky sheds one. Interesting
Seems like people were politely dancing around the fact that he was both an essentially absentee board member and a problematic one in openly criticising bsky and poisoning its well in terms of reputation. Seems that push finally came to shove and that he really needed to go and was happy to leave.
He closed his bluesky account some time ago so he must have left then. I assume they had some dnd agreement because only after he confirmed it publicly did bluesky came out with their announcement.
Great
This is the best summary I could come up with:
On Saturday, Jack Dorsey posted on X about grants for open protocols from his philanthropic Start Small initiative.
Dorsey first announced Bluesky in 2019, back when he was still CEO of Twitter.
He wrote that Twitter (now X) was “funding a small independent team of up to five open source architects, engineers, and designers to develop an open and decentralized standard for social media.”
Since then, Bluesky has become an independent public benefit corporation, led by CEO Jay Graber, with VC backing, and it opened to the general public in February.
Dorsey appears to have deleted his Bluesky account at some point last year, though his departure was only acknowledged at the time by a smattering of social media posts.
In addition to dropping corporate news, he’s also weighed in on the beef between Drake and Kendrick Lamar, unfollowed nearly every other account, and posted, “don’t depend on corporations to grant you rights.
The original article contains 268 words, the summary contains 153 words. Saved 43%. I'm a bot and I'm open source!
"don’t depend on corporations to grant you rights"
Says this guy who literally egged on Musk to buy up Twitter and turn it into the shit hole it is today. 😂 Can't make this shit up.
Says this guy who literally egged on Musk to buy up Twitter and turn it into the shit hole it is today. 😂 Can’t make this shit up.
As bad as it is for the public, it was brilliant business move. Pre-Musk Twitter was barely making any net income (post-Must it makes ZERO net income). It was a profitable business, but just barely, and had been unprofitable for many years.
Goading Musk into committing to buy Twitter at the inflated high stock price allowed Twitter shareholders to cash out at a far higher value than they ever could have trying to run Twitter as a money making venture.
Keep in mind, I'm not saying we don't all lose because Twitter is a shithole now, but from a purely (cutthroat) business perspective the sale was a boon.
Honestly, with the unfathomable amount of money he was set the make from that deal, I dont blame him for doing it.
It's a good message too, if you ignore who said it and why.
This is all false
Later that afternoon, the company published the following statement:
We sincerely thank Jack for his help funding and initiating the bluesky project. Today, Bluesky is thriving as an open source social network running on atproto, the decentralized protocol we have built.
With Jack’s departure, we are searching for a new board member for the Bluesky public benefit company who shares our commitment to building a social network that puts people in control of their experience. More to come!
It's a troll account, disregard.
It’s more for the people who don’t read the article.
