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
Signal isn’t VC funded? I thought the WhatsApp dude gave it 50 million or something?
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
Thanks. That helps my understanding too. I just had a vague memory about the 50 million number.