Last couple of months has been dramatic and there is a huge demand for ethical and safe social media. Even mainstream conservatives start to look for alternatives when US oligarchs wage hybrid warfare against their nation.

And there are so many low hanging fruits right now. Like Facebook event and marketplace replacements on the fediverse. Or just a Facebook alternative that isn't Frendica. Or maybe a commercial fork of Frendica.

I'm not involved in any development of fediverse software, so I'm asking here. Do you experience more interest from venture capital?

Also, I assume EU will pour big money into social media alternatives, starting 2025.

Note: I'm not interested in a discussion regarding if VC is good or bad for the fediverse. That's a good topic for another post though.

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[–] rglullis@communick.news 16 points 13 hours ago (1 children)

Venture Capital already knows about the Fediverse. The problem is that VCs are actually terrible at taking risks and they will only invest on things once "the market" started paying attention to it.

[–] SouthEndSunset@lemm.ee 2 points 11 hours ago (1 children)

I’d have thought VC would want to destroy rather than develop the fediverse?

[–] rglullis@communick.news 9 points 11 hours ago* (last edited 10 hours ago) (1 children)

No. It's quite easy to paint venture capitalists as these cartoonish evil entities that are plotting together against anything that might come to disrupt the status quo, but the reality is that the is no single entity out there coordinating their work. "Venture capitalists" are just a disparate number of people, all of them acting in their own self-interest, and if any of them sees the opportunity for themselves to make money on something, they will do it.

[–] SouthEndSunset@lemm.ee 2 points 11 hours ago

True that. Moneys money.