I don’t like umbrell too because of that..
Saw nostr:npub1dc9p7jzjhj86g2uqgltq4qvnpkyfqn9r72kdlddcgyat3j05gnjsgjc8rzpost about SimpleX. Seems same VCs backed Umbrel.
https://www.crunchbase.com/organization/simplex-chat/company_financials
Discussion
can you explain this further?
I just think umbrell is shit software 😅. Had no clue about their funding.
I see all this bitching about simplex's funding source akin to the folks who bitch about TOR getting its funding from the DOD. Mabey its a vailid complaint but we can audit the code right? Unless its activly malicious or backdoored I dont see the problem.
Agree on the code and forking it if wanted. Just wonder why a VC would give $370k for something with no potential revenue stream without seeing an end game for profitablity.
yeah that's a pretty fair question. I think in his presentation that he gave maybe a month or so ago now he did mention something about enterprise options coming at some point. I definitely don't disagree that it's a little bit weird.