Codesmith on Nostr: #[0] "Fact: Bluesky received $13M in funding sometime in 2022. Opinion: That is not ...

npub1ytqxefyrsmvdr9yk5mn2ec6juglxar0x8u3r4ucpnc7nu6fwy7tsyz9rrp (npub1ytq…9rrp) "Fact: Bluesky received $13M in funding sometime in 2022.

Opinion: That is not nearly enough to build an Internet-scale social media service."

I found this interesting. What did you mean by that? Hasn't #ActivityPub and its services been developed on considerably less than $13M?