> Lots of negativity in the comments and while I'm as distrusting of VC funding as the next guy I think competition in this space is something we should encourage, and bootstrapping that is hard if not impossible at this point.

What you are calling "negativity" are genuine concerns to me. I was excited at the headline first. But as soon as I found it is VC-funded, it became a complete non-starter for me.

Look, I'm going to make my labor of love available to the world on your platform. I'm not going to earn a dime from it. It's just free work I'm gonna put out there. If I'm going to do that, I'll choose a platform where I can be reasonably sure that there won't be a rug pull 5 years down the line.

The problem with VC-funded projects is that there is definitely going to be some kind of rug-pull. Because the investors need their money.

The Git hosting services I use today are those where I can pay as a paying customer or I can pay as a paying member. As a paying customer, I know what I am getting into. As a paying member, I have the right to vote on decisions that affect the platform.

The thing with VC-founded projects is that there's some kind of rug-pull, ads, privacy violation or "feature enhancing" subscription likely coming and as users we should know.

I don't really like services that stress how idealistic they are when this is the upcoming reality.

Better charge money for services or if you're truly idealistic start it as a non-profit. At the very least communicate what's the monetization plan.

> and bootstrapping that is hard if not impossible at this point.

What points towards bootstraping being impossible? Sure, it's difficult, that's almost in the name so makes sense, but impossible? Especially if you're aiming for the federation-angle, then you should be able to build cheaper infrastructure, not the same/more expensive.