The Signal messenger and protocol.

2255 readers

1 users here now

https://signal.org/

founded 5 years ago

MODERATORS

[email protected]

118

Running Signal Will Soon Cost $50 Million a Year (www.wired.com)

submitted 2 years ago by [email protected] to c/[email protected]

27 comments fedilink hide all child comments

you are viewing a single comment's thread
view the rest of the comments

[–] [email protected] 4 points 2 years ago (8 children)

How does Signal make money? How is it so well funded?

[–] [email protected] 14 points 2 years ago* (last edited 2 years ago) (6 children)

One of the lesser known, possibly reformed(?), Facebook billionaires gave them a bunch of money several years ago, and they've been trying to bootstrap that into long term sustainability via donations from regular people.

Edit: See duplexsystem's comment below for a better summary.

[–] [email protected] 11 points 2 years ago* (last edited 2 years ago) (4 children)

Brian Acton, the creator of WhatsApp, co-founded Signal and loaned them a shit ton of money. "$105,000,400, due to be repaid on February 28, 2068. The loan is unsecured and carries nil interest." He's still Executive Chairman.