Nothing might be going too far. He left the board since it wasn’t good PR for them but Bluesky is not transparent about its ownership and Dorsey could well still have a stake in it.
Nothing might be going too far. He left the board since it wasn’t good PR for them but Bluesky is not transparent about its ownership and Dorsey could well still have a stake in it.
Natanael@infosec.pub 8 hours ago
They have talked about some parts of it. They got funding from Twitter under his direction and got to keep the funds when Twitter bailed on their side of the contract as Musk bought it (the initial plan was to move Twitter to a new protocol)
It’s a public benefit corporation. Jack can’t legally do much at all after having left the board
73ms@sopuli.xyz 8 hours ago
yeah I’m aware… doesn’t really refute anything I said. If he holds a share then he can do what any investor can do and how much he can do depends on how big his share of the company is.
Natanael@infosec.pub 8 hours ago
No, public benefit corporations specifically don’t work like that. They’re comparable to non profits in that manner
73ms@sopuli.xyz 7 hours ago
They’re not. In practice PBC status doesn’t really limit them very much at all and is nothing like nonprofit.