I feel the simplest at most straightforward way to understand the difference between #bkuesky and #fediverse is to do the most obvious thing and follow the money, the closest fediverse has to an authority is a non profit foundation that maintains the protocol and the mastodon.social instances while bluesky has tecnofascist VCs (oxymoron) with undisclosed power over the most important part of the network
Today Mastodon is taking another step towards its founding ideals: independence and non-profit ownership. We're transferring ownership of key assets to a new, European not-for-profit entity, ensuring our mission remains true to a decentralized social web, not corporate control.
and a link to the "The people should own the town square" article
On October 24th, 2024 the company announced a Series A funding round that raised $15 million. Serie A investors included Blockchain Capital, Alumni Ventures, True Ventures, SevenX, Amir Shevat (Darmode Ventures), and Joe Beda (Kubernetes).
They join 2023 Seed round investors Bob Young (Red Hat), Amjad Masad (Replit), Heather Meeker, Jeremy Johnson, Outset Capital, Mana Industries, Automattic, Protocol Labs, Katelyn Donnelly, Ali Evans, Stav Erez, Kris Nóva, Brad Fitzpatrick, Atlas Benjelloun, ans Abdul Ly. Shevat and Beda invested in both rounds.
The Bluesky equity ownership percentages are not public information.