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.
In theory there’s no overlap and so it’s immune from VC capture.
Corporate social media is proprietary software (mobile and web apps) piggybacking on open internet standards (DNS, HTTP). Capital investment and financial returns are key.
Federated social media is open-source software and (I certainly hope, one day) newly developed open standards and open protocols. Community participation and state regulation are key.