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An excerpt from the 1st post of this series: "Why would a team be motivated to build another search engine? Why would Hubert Burda Media finance this over sever
by solso 7y ago
An excerpt from the 1st post of this series: "Why would a team be motivated to build another search engine? Why would Hubert Burda Media finance this over several years (they continued to back us especially in times when things got tough)?" https://0x65.dev/blog/2019-12-01/the-world-needs-cliqz-the-world-needs-more-search-engines.html https://0x65.dev/blog/2019-12-01/the-world-needs-cliqz-the-w...
- hobofan 7y agoYes, they mention it, which is a good move regarding transparency, but they still don't answer the question as to why the finance them. They mostly push a narrative of privacy and censorship, when in the end the answer is probably close to "we want a piece of the pie" or "we want to be that monopoly".
- solso 7y ago[Disclaimer, I work at Cliqz] I cannot answer for the "true" motivation of the investors, but their pitch and actions so far are well align with the fight against monopolies narrative. Do they want to get return on investment (eventually)? I would assume so, and I believe it would be fair. I do not see them as mutually exclusive. Of course, this is my personal opinion.
- AJ007 7y agoIt’s a good investment as a hedge in the case the EU regulators kick Google in the ass hard enough.
- lolive 7y agoThe funny thing is that QWant is currently challenged on its ability to monetize its search engine. Short answer (for the moment): it can't. https://www.lemonde.fr/economie/article/2019/12/04/le-google-a-la-francaise-en-quete-de-fonds-et-d-un-patron_6021607_3234.html https://www.lemonde.fr/economie/article/2019/12/04/le-google... (in french)