4 ms·

They have $100 mn in donation from Acton

• nostromo 6y ago
  That wasn't a donation, it was a loan.
  • caturopath 6y ago
    (A zero-interest 50-year loan, not a bona fide "I want my money back" loan.)
  • taejo 6y ago
    A fifty-year, interest-free loan is functionally a donation, IMO
• RedComet 6y ago
  You're not allowed to mention that, we have to pretend it's a charity.
• olah_1 6y ago
  Weird that it isn't listed in the data in that document. I have no idea why anyone would donate $20 when they're sipping on $100m ...
  • bilal4hmed 6y ago
    $100 million given current growth wont last as long. Telegram 4 years had a run rate of $1 million per month for servers and dev costs. At that time they had about 200 million users. Signal is using AWS & GCP ( for cloud fronting ), they could be approaching that spend level.
    • olah_1 6y ago
      > $100 million given current growth wont last as long. That is 100% their problem, though. I trust that they will develop a sustainable business model when it becomes necessary. Otherwise, look at their tax info shared above. Sporadic donations won't even make a small dent. I mean, shoot, they won't even give us a hint at how much to donate to cover our own costs. That would be a start.
      • bilal4hmed 6y ago
        WhatsApp used to charge $1/ yr at 200 million users, which kept them well funded. A $1 donated by just the Android users at 50 million + would be $50 million per year. TBF they havent had to think about this too much before the last 5 days, so give them some time to come up with a plan. In the mean throw them whatever you are comfortable with.
      • deleted 6y ago
        [deleted]