$15m raise vs. $150m raise 🤔 https://bsky.social/about/blog/10-24-2024-series-a

Writer. Building @pinatacloud. Tinkering with a Farcaster native alternative to GoodReads: https://readcast.xyz \ https://polluterofminds.com

I think it comes down to value also and purchasing power of each farcaster user vs bluesky

product design at /basedstudio • exploring better ways to live: health, wealth, identity, states and more • bento.me/mxd

literally saw a farcaster GDP term yesterday, it can be the foundation for a future nation even

in bluesky it can be not purchasing power because there's now way you could calculate it, like getting access to bank accounts of those users and see how much they spend

what can be in play here is that they're going to introduce ads and make revenue same way all web2 platforms make money and therefore valuation is as such

Maybe that’s true but you’d need a whole hell of a lot of purchasing power per user to make up for the user gap and the investment gap