Not sure our investors would qualify as "VCs". They are private entrepreneurs (the Qwant founders), who still have the majority stake. Then we have the Axel Springer group and Caisse Des Dépôts (French public institution, although it invested through its private fund)
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Thanks for the clarification, Guillaume. How do the investors make a return on their investment? Are they happy with just dividends or are they looking for an exit? Is there anything in the companies articles that prohibits an exit to Google, etc.?
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It's long term strategic investment (hence the choice for AS and CdC). There is a contract between all investors that ensures that Qwant can't be sold to any company that would collect users data. Anyhow, it'd be foolish to buy Qwant and then reverse what makes people trust it.
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That's a good clause. I'd like to see more of that kind of stipulation, Guillaume.
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Hey
@aral, what are your thoughts on@findx by@privacore? “The Findx search engine is based in Europe and is a truly independent search engine - it is not a metasearch engine. The search results that you see are not tracked and are completely unbiased.” -
Hi - Brian from the Findx team here - can I be of any help? BTW - I made a couple of posts about the mentioned search engines herehttps://www.activateprivacy.com/comparison-of-private-search-engines/ …
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Thanks
@brianschildt, this is insightful
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DuckDuckGo also has VC money, but that's not necessarily a negative:https://www.crunchbase.com/organization/duck-duck-go#section-investors …
Thanks. Twitter will use this to make your timeline better. UndoUndo
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