BitCloud Creator Investment

A discussion about Dharmesh Shah's significant investment in BitCloud, a decentralized social platform.

"I've been spending a fair amount of calories trying to understand the mechanics of BitCloud itself. I'm now in the top 3 creators list, so I've been moving up the curve. I've put in about $1,000,000 give or take.

I talked to the founder in one of the few calls I've had in the last 12 months - because I don't do phone calls - but it feels legit to me. That's not to say it's going to succeed, but I'm relatively confident it's not a scam. Its reason for being is not a scam.

The platform has some issues right now with founder rewards games and things like that. This is what happens, this is why we can't have nice things. Anytime something new comes along, there will be people trying to game the system. Like in the early days of Google - the internet wasn't a scam and Google wasn't a scam, but there were people trying to scam Google to show up in the results with spammy SEO. You see the same thing on BitCloud, but you have to separate that from the platform itself."