After publicly exiting the board of Twitter/X rival Bluesky on Saturday, and taking to X to announce it, Jack Dorsey explained his thinking in a Thursday interview with Founders Fund’s Mike Solana.
Dorsey stated that Bluesky was “supposed to be an open source protocol that Twitter could eventually utilize” — not become its own platform with a board and external funding.
Bluesky started as a small research project within then-Twitter in 2019 to create a common operating standard for social media platforms so that apps could work between them. It became its own company in 2022. The platform received $8 million in venture capital funding in July 2023.
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