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Mastodon is financed by crowdfunding instead of venture capital not because we don't know that venture capital exists, not because we don't have bills to pay, and not because venture capital isn't willing to give money to new social media platforms. VCs don't want a sustainable business, they want a big exit. Every VC-backed business is on a timer to deliver or die.

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in reply to Eugen Rochko

I'm tired of the Capitalism, I'm staying here on Mastodon with the Humans, for all their faults.
in reply to Eugen Rochko

whoa! Wondering what prompted this line of defence?
This entry was edited (1 month ago)
in reply to Amrita

@Amr1ta Bluesky, the Mastodon competitor announced that they're doing a Series A funding round led by....a blockchain investment company.
in reply to Eugen Rochko

Side note, if you'd like us to help pay our bills for the 5 full-time employees and a number of freelancers we currently have working on developing Mastodon and bringing you new features, and potentially grow the team to do so even faster, there is a number of ways you can do so outlined on this page: joinmastodon.org/sponsors