this post was submitted on 16 Mar 2025
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VC Funded tech betrayed me too many times (infosec.pub)
submitted 2 months ago by ex_06@slrpnk.net to c/memes@slrpnk.net
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[–] ex_06@slrpnk.net 15 points 2 months ago* (last edited 2 months ago) (1 children)

https://signal.org/blog/signal-foundation/

I never read “VC funded” as someone who donated money and also was a VC. To me it’s always Venture capitalists investments asking for power and margin returns. Hence also it makes the product much more prone to enshittify to keep the numbers go up

Signal is none of this but yes, got a headstart by someone who happens to be also ~~a VC~~ a rich person?

Edit: I edit because I cannot find anything that links Acton to vc activities actually 🤔

[–] atro_city@fedia.io 11 points 2 months ago

Thanks. That helps my understanding too. I just had a vague memory about the 50 million number.