ophiocephalic, 1 month ago

@fromjason
Just a thought on the typical narrative. A presence on the board of directors is a slightly more consequential involvement than possessing a user account, don't you think? Any argument based only on the user account thing is pretty flimsy. Jack's stink is all over the architecture and its pseudo-philosophical underpinnings

proximacentauri, 1 month ago

@fromjason Social media is SOAP OPERA, you don't document these! JACK does not like Bluesky's moderation, he is in Nostr which can't be moderated as easily.

fromjason, 1 month ago

@proximacentauri it is a very silly notion that Jack is throwing a tantrum over the company he owns. Especially since BlueSky the company has been pretty opaque about who actually owns most of the company.

It's not a soap opera. It's a business.

yulian, 1 month ago

@fromjason @proximacentauri Jack Dorsey has fuck you money. His actions don't need to make sense when he doesn't care about money

fromjason, 1 month ago

@yulian @proximacentauri dude come on! Lol

With the exception of maybe Musk, billionaire tech founders leverage their fuck you money into more power.

Dorsey isn't a genius, but he has at least an MBA level education on how to invest and run businesses.

His moves make sense. It's the narrative surrounding it that doesn't.

yulian, 1 month ago

@fromjason @proximacentauri dunno. I thought Elon was a somewhat reasonable but eccentric person a few years ago. Turned out to be a lunatic.

We don't know how business savvy Jack is. He seems to only care about Twitter clones.

He loves crypto. And BlueSky isn't a fan of crypto Community to the level Nostr is.

I have s Nostr account and Jack is relishing his time there. Could be as simple as he likes it better

mackuba, 1 month ago

@yulian @fromjason @proximacentauri It is as simple as this

fromjason, 1 month ago

@yulian @proximacentauri sure. But that only makes sense if Jack didn't own BlueSky and he himself didn't appoint Jay Gruber as CEO.

mackuba, 1 month ago

@fromjason @yulian @proximacentauri He doesn't own it, and she was the CEO from the very beginning, so any kind of difference in opinions or vision that appeared which led to him losing some interest has happened long after she became the CEO

timbray, 1 month ago

@fromjason He's widely known to be a crypto enthusiast, and the Bluesky design team firmly rejected blockchain technology while Nostr is embracing it. Maybe that’s it?

fromjason, 1 month ago

@timbray Founders don't just walk away from their investment and ownership because the dev team disagrees with the vision.

timbray, 1 month ago

@fromjason In no meaningful sense is Jack a “founder” of Bluesky. Pre-Elon, they arranged initial funding and hired the CEO. He’s never had any ownership interest.

fromjason, 1 month ago

@timbray are you aware of public documents that shows who owns BlueSky the company? Because even by your account that seems pretty vague.

mackuba, 1 month ago

@fromjason @timbray There some info collected here: https://snarfed.org/bluesky-corporate-ownership-and-structure

Some key points:
"The company is owned by the team itself, without any controlling stake held by Twitter"
"Jay does hold the majority of the equity but everyone on the team has equity as well"
"jack is 1 of 3 board members: me [Jay] and jeremie.com are the others"
"Jack does have some advisors shares for serving on the board, but its quite a small amount IIRC"