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shrinks99 | 5 months ago

Sharply declining usage? I don't see the stats to back that up on https://bsky.jazco.dev/stats

Usage has absolutely declined from peak switching periods where inevitibly some users won't stick around, but that's to be expected. Most stats seem to be leveling off (which isn't exactly stable growth either so the rest of your points stand).

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tptacek|5 months ago

Yeah, I think what you needed to do here is zoom out. That's a sharply declining chart.

I understand that as a Bluesky user the peak and dropoff doesn't hurt the experience. But investors are going to put money in with the expectation of a return and what they're going to look at are the derivatives of the adoption curve: how quickly is it gaining users, and is adoption accelerating?

SteveJS|5 months ago

I zoomed out. It looks like this: "Usage has absolutely declined from peak switching periods where inevitibly some users won't stick around, but that's to be expected"

That just isn't a "sharp decline" no matter how much you seem to want to repeat those words.

Larrikin|5 months ago

Why does anyone need to invest at all? Why can't Jack Dorsey just run it instead of needing it be a hockey stick start up?

BearOso|5 months ago

What investors? It isn't a public company, and it's registered as a benefit corporation. Anybody who gives them money should have a clue that its priority is not shareholder returns.

therealmccoyboy|5 months ago

Every social network has grown in fits and starts. Bluesky could be doing better but it’s already doing very well and is sustainable and future proof in many ways.

whatshisface|5 months ago

That curve has clearly leveled out, and some of them look like they've increased slightly...

Manuel_D|5 months ago

https://imgur.com/a/GLkSLkY

It looks like Bluesky is going to be shedding active for the near future, probably settling around a million users active per day.