Geek SlimFast gets $50 million but Signal—which protects our privacy—can't raise $10 million to pay for for SMS activation of new users.


https://twitter.com/mims/status/860198744104501248 …
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Replying to @zeynep
Signal could raise the money if it surrendered to VC rules—which would almost certainly require a "business model" because it's not Juicero.
4 replies 6 retweets 30 likes -
Replying to @zeynep
I'm not a fan of many companies that get funding, but you're assuming the biz model choice is arbitrary and could easily be different.
1 reply 0 retweets 1 like -
Replying to @benadida
Signal needs to be funded, just because. It shouldn't be a business per se. It is very very very lean, except for the SMS fees.
2 replies 0 retweets 0 likes -
Replying to @zeynep
And there's no way to expect VCs to invest without a biz model that we probably wouldn't like.
1 reply 0 retweets 0 likes
Let them pretend that the business model is Signal delivers cold-pressed fruit juice.
Really not a lot of money needed for next two years.
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