Perhaps Bluesky’s Revelation of an 11-Month Ago $100 Million Investment Was, in Fact, an Act of Transparency

Regarding my earlier post expressing confusion/discomfort with Bluesky announcing a $100 million funding round almost an entire year after it closed, I had an interesting back-and-forth with Adam Vartanian on Bluesky (natch), where he wrote:

If you see press reports that says a company “has raised” some money but no date on when the round closed, it probably happened some time in the past. Bluesky is actually unusual in disclosing a date that’s so far in the past.

I kept thinking that I must be missing something in this story, and this feels like it must be exactly that something. If true, it’s not unusual these days for a company to announce a seeding round long after it actually closed. What’s unusual in this case with Bluesky is that when they finally did announce it, they revealed the long-ago date it closed, too. That it was, in fact, an act of transparency, at least in comparison to many other venture-backed companies today.

★ Friday, 20 March 2026