Episode Details

Bluesky, a popular social media platform, has raised $100 million in Series B funding, led by Bain Capital Crypto. This follows previous raises and comes as the platform sees a surge in users, from 13 million to over 43 million worldwide. The funding will support team expansion and AT Protocol upgrades. Despite concerns from some users about the crypto-focused investors, the platforms decentralized setup, inspired by CEO Jay Grabers past work in crypto, continues to attract backers.

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