$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

Co-Founder 

Contact: https://alice.chain.box

Bluesky is more unlikely to launch a token, right? That’s the only logic I can come up with to justify the gaps here.

Probs. But also my read is they're pretty disciplined in the money they take in. They've gotten to where they are on ... 2M? 5M overall? I forget. Would be shame to blow that up with $100M raise now.

Founder, designer, & product guy at /basepaint and /eigenlayer

Yeah taking a lower amount gives you way more flexibility

not to mention you just can't spend $100M where they're at responsibly. waste is inevitable. good for them staying focused.