Colin Devroe with some thoughts on social platforms and VC funding:

People are still chasing follower counts. Mastodon (which may not be perfect but the model is far more attractive and sustainable than anything else out there right now) isn’t growing at the pace Bluesky is and so people aren’t even considering it. That is a shame.

If you’re chasing follower counts, you’ll never be truly happy. Chase good content and good conversations. Chase having your own space on the web.