Goofed Home

@evan @hamishcampbell @_elena

Since they have $100M in the bank, 3 is probably a way off. AFACT, they are currently doing both 1 and 2 in parallel; if you look at their protocol engineers, I do believe they are really all in on 1, but much of the rest of the company is taking every opportunity to act in a decentralized manner and going in the opposite direction.

@ricci @hamishcampbell @_elena well, they had $100M when they raised money last year.

Crypto funds love to rollover crypto assets. So maybe some of it was in crypto, like Bitcoin, which has since dropped 25% against USD.

And they've been operating a tech startup with 20-30 staff and dozens of contractors, plus hosting costs which are somewhere in the $20-50M/year range, I'd bet.

If I had to guess on runway for BlueSky today, I'd say 12-24 months.

@oli i have historical CSVs for IFTAS if you want them (though I'm still trying to get @iftas to deploy a FIRES server (I'd manage it for them)

@ricci @oli @iftas for IFTAS, they wanted some features I couldn't deliver within the timeframe of my grant, and right now I'm busy with client work. I do have a new grant proposal submitted to @nlnet and last I heard it was approved for next round. I don't think I'll have the grant MoU signed before June at the earliest.

So it wasn't a funding issue on IFTAS's side particularly — FIRES isn't a particularly demanding application to run & can be cached heavily.

@thisismissem @oli @iftas @nlnet gotcha!