undefined | Better HN

0 pointssteveklabnik2y ago0 comments

BlueSky's first revenue generation (in my understanding, I don't work there) has been a partnership with NameCheap that makes it easy for non-technical users to purchase a domain name and use it as their BlueSky username.

They have been a bit vague about other ways to generate revenue, except in one case: they will not be using advertisements to monetize.

0 comments

threeseed2y ago

That business model is laughable. The percentage of users who care about a domain name, are willing to pay a subscription for it and don't have one already has to be in the single digits.

They better have a good answer to this because it's a threat to the ecosystem as a whole if they don't. Because relying on VC money in this environment is not the smartest thing to do.

steveklabnikOP2y ago

I would agree that if that were "the business model" instead of "a thing that generates some revenue," it would be laughable. However, nobody, including BlueSky, believes that this is solely enough to power the business.

I agree that a healthy Bluesky PBLLC is a good thing, and hope they manage to pull it off. Time will tell.

threeseed2y ago

Well hopefully they take it more seriously.

Because based on them raising $8m in a seed round middle of last year they aren't going to have much time to decide and implement a strategy before they will need to start thinking about raising a Series A. Or maybe Jack does become a bigger investor.

Either way I think it's insane to prematurely rule out advertising.

2 more replies

j / k navigate · click thread line to collapse

0 pointssteveklabnik2y ago0 comments

They have been a bit vague about other ways to generate revenue, except in one case: they will not be using advertisements to monetize.

0 comments

threeseed2y ago

That business model is laughable. The percentage of users who care about a domain name, are willing to pay a subscription for it and don't have one already has to be in the single digits.

They better have a good answer to this because it's a threat to the ecosystem as a whole if they don't. Because relying on VC money in this environment is not the smartest thing to do.

steveklabnikOP2y ago

I agree that a healthy Bluesky PBLLC is a good thing, and hope they manage to pull it off. Time will tell.

threeseed2y ago

Well hopefully they take it more seriously.

Either way I think it's insane to prematurely rule out advertising.

2 more replies

j / k navigate · click thread line to collapse