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

submitted 1 year ago by celmit@lemmy.ca to c/signal@lemmy.ml

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[-] duplexsystem 11 points 1 year ago* (last edited 1 year ago)

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.

[-] agame@lemm.ee 4 points 1 year ago

Good guy

[-] jackpot@lemmy.ml 1 points 1 year ago

i mean, it is a loan. still, cool of them to do. no fucking clue how theyll ever pay it off

[-] duplexsystem 2 points 1 year ago

Its unsecured with nil interest. I doubt they're expected to pay it off.

[-] jackpot@lemmy.ml 2 points 1 year ago

unsecured?

this post was submitted on 16 Nov 2023

117 points (100.0% liked)

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