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A comment on Twitter lacks many features to be a true Mastodon replacement (2022). Parent comment

Re:Twitter lacks many features to be a true Mastodon replace... by wlonkly on Saturday April 15, 2023 @08:44PM (#35586140)
Some of them self-fund, some of them solicit donations, and at least one I know of has a sponsorship.

But they don't generally seek to make a profit, just cover costs.

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