The Limited Times

Now you can see non-English news...

Mastodon rejects investment offers, 'untouchable nonprofit'

2022-12-29T14:45:26.748Z


The boom of Twitter's rival, "we will not transform" (ANSA) Twitter rival Mastodon has rejected more than five investment offers from Silicon Valley venture capital firms in recent months. The microblogging site founded by Eugen Rochko in 2016 has recently experienced a jump in users and interest in general thanks to the acquisition of Twitter by Elon Musk. Despite this, Rochko does not intend to take advantage of the offers received, considering the non-


Twitter rival Mastodon has rejected more than five investment offers from Silicon Valley venture capital firms in recent months.

The microblogging site founded by Eugen Rochko in 2016 has recently experienced a jump in users and interest in general thanks to the acquisition of Twitter by Elon Musk.

Despite this, Rochko does not intend to take advantage of the offers received, considering the non-profit status of the company "untouchable".

In an interview with the Financial Times, Rochko explains that "Mastodon will not turn into everything that is hated on Twitter."

Source: ansa

All life articles on 2022-12-29

You may like

Trends 24h

Latest

© Communities 2019 - Privacy

The information on this site is from external sources that are not under our control.
The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.