alt:
"Jay used her own money to hire Daniel Holmgren and start prototyping while the details were being finalized. Together, they fleshed out a protocol Jay had coauthored with technical advisor whyrusleeping back in 2018 – a core design that persists in Bluesky to this day.
The project got the green light on 31 December 2021, when Twitter paid the newly formed entity a substantial sum of $13M to build the AT Protocol, and also the sign off for Bluesky to work fully independently. Actually, there was one condition from Twitter:
“Twitter's funding of Bluesky is not subject to any conditions except one: that Bluesky is to research and develop technologies that enable open and decentralized public conversation.”
It’s common for companies raising funding from investors to pursue a bold vision, but it’s extremely rare for a publicly traded company like Twitter to fund a startup and hand it a pretty much free rein. This was likely due to Jack's personal interest in the project, but also stems f"
