this post was submitted on 15 Nov 2024
190 points (77.8% liked)
Technology
60112 readers
1818 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
It's not even that complicated: at some point the non-billionaire investors are going to want a return on their investment, and they're going to push BlueSky, Inc. public and that's the end of that.
An IPO is every bit as bad for independence as a nutjob buying your company, because you're really just selling your company to every nutjob who puts up $10.