He created BlueSky as a side project because he knew he could off-load it at an obscene markup onto another group of sucker investors, kind of like how he did with Twitter. But Twitter was the system with all the end-users. That system should have been free to just print money indefinitely without any effort by the buyer.
TBH he even started a concurrent of it, so he probably expected Twitter to lose value
He created BlueSky as a side project because he knew he could off-load it at an obscene markup onto another group of sucker investors, kind of like how he did with Twitter. But Twitter was the system with all the end-users. That system should have been free to just print money indefinitely without any effort by the buyer.
Oops.