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Everyone is moving to airframes.io Also this from SoylentADSB: > CEO of JETNET ( Greg Fell, now fired from JETNET by Silversmith) called and asked for a meeti

Everyone is moving to airframes.io Also this from SoylentADSB: > CEO of JETNET ( Greg Fell, now fired from JETNET by Silversmith) called and asked for a meeting. We thought was sales call. Turns out he offered to buy ADSBx from Dan for $8M, they wined dined and toured him around. Flew him to Boston, Dan cut us out when we ALL OBJECTED to a sale. We think they gave him $20M ish and a $200 a year job at JETNET. They'll fire him in a year, that's what PE does.

metadaemon 4y ago
That guy is such a whiner
- cunninglinguine 4y ago
  [flagged]
  - deleted 4y ago
    [deleted]
BizarreByte 4y ago
I can understand the community upset, but honestly? I wouldn’t be able to say no to that amount of money. I could retire tomorrow on that much.
- H8crilA 4y ago
  Indeed. There must be safeguards to prevent something like this, the incentive is too strong. Kinda like what GPL does to the code.
  - hardcopy 4y ago
    Like decentralization? That's the main reason I am now on the Fediverse (via Elk + self hosting), because a billionaire cannot just scoop it up and change the rules of the game.
  - account42 4y ago
    For the Freenode -> Libera.Chat move the operators seem to have learned this lesson and set up a nonprofit with shared governance to prevent a takeover/sellout by a single person. Perhaps the community that will move out after this takeover will be smart enough to do the same.
- wkat4242 4y ago
  Perhaps it's legal but it's not ethical for a founder to sell something that's provided by thousands of volunteers (I'm sure a lot of the code was as well as the data)
  - metadaemon 4y ago
    Also questionable that they were even selling this content provided by volunteers to begin with. I'm personally excited for the future and hoping for more honest and open practices in this space.
  - blantonl 4y ago
    I'm not sure I'm willing to go that far. That would be like complaining Twitter sold to Facebook.
  - BuildTheRobots 4y ago
    Usually I'd agree completely, but in this case I'm not sure I mind. Happy to be wrong, but as I see it there's three things of value in ADSBx. The brand/reputation, the server/feeder software and the amount of real time data provided by the community. Without the latter the brand becomes worthless, and the software in the middle is predominantly open source software. £20M for the name in the knowledge that the software isn't secret, the infrastructure isn't that complicated and that the community will rebrand and be back up with a couple of months of disruption (ala freenode->liberachat) seems like guilt free retirement money in the bank. You could even make an anonymous donation to whoever takes the place. The value comes from the current data, and the data is reliant on the community which is something you can't purchase. Most people liked ADSBx because it supported MLAT and was happy to report aircraft that from that data that usually wouldn't show on pf, fr24 and most others. If that functionality is removed then the community would likely die away naturally anyway.
    - kelnos 4y ago
      What is the value of all the historical data? Because if the historical data isn't all that valuable, I feel like Jetnet bought a turd. Building and operating a service like ADS-B Exchange doesn't sound particularly technically challenging or expensive. Building a community of people who send you data for free is the hard and time-consuming part; IMO that's where ADSBx's value is. Did Jetnet not anticipate that the acquisition would likely drive away a good number of those people? Seems pretty naive if they didn't.
- kelnos 4y ago
  Yeah, unless I was still unreasonably passionate about running an open and free service like that, I'd be hard-pressed to turn down that offer. I'd feel bad about it, definitely, as I do agree it'd be a slap in the face to the community, and I'd know that I'd probably never get people to trust me in the role of running that sort of a service again. Not to mention burning bridges with the community members who helped run the service. But $20M? I'm lucky that I've already built up a nice nest egg through the whole FIRE thing, but $20M (even after taxes) would take me from "can live a pretty comfortable life without working as long as I watch my finances" to "can live an amazing life without working, and will never have to worry about money ever again". I'm not sure what terms ADS-B Exchange licensed out the collected data, but maybe it's even possible for someone to build a new service, and keep the historical data intact. Even if not, it seems like there is at least one other community-run service for people who are upset by this to switch to. And frankly this doesn't seem like a particularly difficult or expensive service to build or maintain.
RobotToaster 4y ago
I assume you mean $200k? Is it normal for a company like that to more than double their initial offer? I know 20m is probably pocket change to them, but it still seems like they were rather desperate to buy it.
- cjrp 4y ago
  Unless they’d decided to pay up to $50m. Then starting at 10 and ending at 20 doesn’t seem so bad.

metadaemon 4y ago

That guy is such a whiner

cunninglinguine 4y ago
[flagged]
- deleted 4y ago
  [deleted]

BizarreByte 4y ago

I can understand the community upset, but honestly? I wouldn’t be able to say no to that amount of money. I could retire tomorrow on that much.

H8crilA 4y ago
Indeed. There must be safeguards to prevent something like this, the incentive is too strong. Kinda like what GPL does to the code.
- hardcopy 4y ago
  Like decentralization? That's the main reason I am now on the Fediverse (via Elk + self hosting), because a billionaire cannot just scoop it up and change the rules of the game.
- account42 4y ago
  For the Freenode -> Libera.Chat move the operators seem to have learned this lesson and set up a nonprofit with shared governance to prevent a takeover/sellout by a single person. Perhaps the community that will move out after this takeover will be smart enough to do the same.
wkat4242 4y ago
Perhaps it's legal but it's not ethical for a founder to sell something that's provided by thousands of volunteers (I'm sure a lot of the code was as well as the data)
- metadaemon 4y ago
  Also questionable that they were even selling this content provided by volunteers to begin with. I'm personally excited for the future and hoping for more honest and open practices in this space.
- blantonl 4y ago
  I'm not sure I'm willing to go that far. That would be like complaining Twitter sold to Facebook.
- BuildTheRobots 4y ago
  Usually I'd agree completely, but in this case I'm not sure I mind. Happy to be wrong, but as I see it there's three things of value in ADSBx. The brand/reputation, the server/feeder software and the amount of real time data provided by the community. Without the latter the brand becomes worthless, and the software in the middle is predominantly open source software. £20M for the name in the knowledge that the software isn't secret, the infrastructure isn't that complicated and that the community will rebrand and be back up with a couple of months of disruption (ala freenode->liberachat) seems like guilt free retirement money in the bank. You could even make an anonymous donation to whoever takes the place. The value comes from the current data, and the data is reliant on the community which is something you can't purchase. Most people liked ADSBx because it supported MLAT and was happy to report aircraft that from that data that usually wouldn't show on pf, fr24 and most others. If that functionality is removed then the community would likely die away naturally anyway.
  - kelnos 4y ago
    What is the value of all the historical data? Because if the historical data isn't all that valuable, I feel like Jetnet bought a turd. Building and operating a service like ADS-B Exchange doesn't sound particularly technically challenging or expensive. Building a community of people who send you data for free is the hard and time-consuming part; IMO that's where ADSBx's value is. Did Jetnet not anticipate that the acquisition would likely drive away a good number of those people? Seems pretty naive if they didn't.
kelnos 4y ago
Yeah, unless I was still unreasonably passionate about running an open and free service like that, I'd be hard-pressed to turn down that offer. I'd feel bad about it, definitely, as I do agree it'd be a slap in the face to the community, and I'd know that I'd probably never get people to trust me in the role of running that sort of a service again. Not to mention burning bridges with the community members who helped run the service. But $20M? I'm lucky that I've already built up a nice nest egg through the whole FIRE thing, but $20M (even after taxes) would take me from "can live a pretty comfortable life without working as long as I watch my finances" to "can live an amazing life without working, and will never have to worry about money ever again". I'm not sure what terms ADS-B Exchange licensed out the collected data, but maybe it's even possible for someone to build a new service, and keep the historical data intact. Even if not, it seems like there is at least one other community-run service for people who are upset by this to switch to. And frankly this doesn't seem like a particularly difficult or expensive service to build or maintain.

RobotToaster 4y ago

I assume you mean $200k? Is it normal for a company like that to more than double their initial offer? I know 20m is probably pocket change to them, but it still seems like they were rather desperate to buy it.

cjrp 4y ago
Unless they’d decided to pay up to $50m. Then starting at 10 and ending at 20 doesn’t seem so bad.