• poVoq@lemmy.ml
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    3 years ago

    AFAIK the current 30 million mostly come from a medium tier investment company that probably itself isn’t interested in profit extraction from users yet, but will rather look into making New Vector look pretty for acquisition of a large tech-company like Microsoft or some sort of IPO on the stock market.

    • Bilb!@lemmy.ml
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      3 years ago

      Seems like a dubious proposition to me, though I’m far from an expert in that regard. Hopefully they use the money to pay developers to make rapid improvements and the commercial ambitions of the firm don’t pan out. ;)

      • poVoq@lemmy.ml
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        3 years ago

        I think it is quite realistic to expect a buy-out from a bigger European tech company (SAP? German Telekom?) that thinks it can siphon off more government contracts and pretend to catch up to the US tech giants in front of their shareholders. And as shitty as that probably sounds, this is likely still among the “best” possible outcomes. The open-source community can only lose in this setup and are fools for cheering about this money injection.