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Is the board paid? I thought it was a volunteer position, where you meet based on a certain cadence and vote on enterprise matters.
I’m also quite wary of corp/venture/capitalist influence on masto/fedi/décentralisation.
I would presume it’s not paid yet (though the CEO certainly is). That phase of the operation comes later.
For the moment, they’re working to solidify as much control as possible of as much of the fediverse as possible, which control will allow them to gatekeep it, monetize it, extract rent from it and inevitably enshittify it. That, so it’s hoped, will be the phase during which their investment now will pay off.