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1. I believe they actually could generate (low) billions of dollars without compromising at all, if they manage to reach true mainstream scale (>1 billion MAUs)

2. I really don't care if the investors/shareholders are disappointed as long as the PBC's mission is fulfilled. Also their control is relatively limited.

Maybe I should have written added this:

Disclaimer: I am a shareholder in Bluesky Social, PBC (former employee)

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Aren't they at ~10M MAU and falling? At least that's the impression given by https://bsky.jazco.dev/stats

Yeah, I'd love to see growth improve but Bluesky is already in an exclusive club of social apps that have "broken through" in some significant way. It's not going anywhere.

And it's the only open network built on an open protocol to ever do so.

the open network aspect is extremely cool, but it's hard to take seriously considering how difficult it seems to be to set up an alternate host. I do love the idea that you can just build an entirely new UX and bring the social graph for free!

Open only to the ideologically favored.

Not open, just ideologically optimized.

Here are more detailed stats:

https://bluefacts.app/bluesky-user-growth

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