archerships on Nostr: #simplex #privacy "Without venture funding, SimpleX Chat would not exist In 2022 I ...
#simplex
#privacy
https://www.poberezkin.com/posts/2023-10-31-why-privacy-impossible-without-venture-funding.html"Without venture funding, SimpleX Chat would not exist
In 2022 I raised funds for SimpleX Chat from several angel investors and an early stage VC fund Village Global 1. They believe that everybody will want communication privacy, and that SimpleX Chat will become a communication platform that provides it, profitably, solving a decade-old problem of tech businesses abusing privacy of their users.
It enabled our team 2 to continue working full time, and to pay for a security audit done by Trail of Bits, one of the best security consultancies in the world 3.
When we announced this funding, the community response was polarized: while most people were excited about us having the funds to continue the development, some critics stated that venture funding is incompatible with privacy and the need to make profit creates a conflict of interest with users’ privacy.
We discovered that in the same way majority of people ignore their privacy, regardless how much it costs them 4, many people in privacy community believe some damaging myths – both groups equally preventing privacy from becoming a norm."
-- Evgeny Poberezkin, Founder of Simplex.chat
Published at
2023-11-03 21:10:10Event JSON
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"content": "#simplex \n#privacy \n\nhttps://www.poberezkin.com/posts/2023-10-31-why-privacy-impossible-without-venture-funding.html\n\n\"Without venture funding, SimpleX Chat would not exist\n\nIn 2022 I raised funds for SimpleX Chat from several angel investors and an early stage VC fund Village Global 1. They believe that everybody will want communication privacy, and that SimpleX Chat will become a communication platform that provides it, profitably, solving a decade-old problem of tech businesses abusing privacy of their users.\n\nIt enabled our team 2 to continue working full time, and to pay for a security audit done by Trail of Bits, one of the best security consultancies in the world 3.\n\nWhen we announced this funding, the community response was polarized: while most people were excited about us having the funds to continue the development, some critics stated that venture funding is incompatible with privacy and the need to make profit creates a conflict of interest with users’ privacy.\n\nWe discovered that in the same way majority of people ignore their privacy, regardless how much it costs them 4, many people in privacy community believe some damaging myths – both groups equally preventing privacy from becoming a norm.\"\n\n-- Evgeny Poberezkin, Founder of Simplex.chat\n\n\nhttps://m.primal.net/HPNt.png\n",
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