this post was submitted on 24 Feb 2025
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Cool, everybody can build these companies up so that they can launch their IPOs and be controlled by a new board of directors fresh from wall street. It will all be so different.
Not commenting on Bluesky, but the others have taken steps to differentiate themselves
Mastodon was handed over to a non profit
https://www.theverge.com/2025/1/13/24342603/mastodon-non-profit-ownership-ceo-eugen-rochko
Signal has been under a nonprofit
https://signalfoundation.org/
Being open source also means that people can fork the apps if something changes, or apps + server code in the case of a lot of fediverse software
The whole point of federation is that that can't really happen, or at least they can fuck a single server, but not the whole ecosystem.