Fair point. But I think you're burying the promising parts of this article:

W’s data will be hosted decentrally in Europe by European companies, and the platform will adhere to strict EU data protection laws.

“We believe there is an urgent need for a new social media platform built, governed and hosted in Europe. With human verification, free speech and data privacy at its core,” she wrote.

In her LinkedIn post announcing the launch of W, Zeiter emphasized that systemic disinformation is eroding public trust and weakening democratic decision-making.

I've never heard an Elon say that.

And her background is solid compared to tech bros:

She earned her PhD in law at the University of Hamburg and later studied at Stanford University.

W will be legally the subsidiary of “We Don’t Have Time,” a media platform for climate action, but the team is scattered across Europe, with offices in Berlin and Paris planned, Bilanz reports.

And the whole platform is legally under a company dedicated towards climate action.

Lot of wins in this article make me think it's far from the typical VC billionaire babysitting service.