The Signal messenger and protocol.

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https://signal.org/

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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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[–] gribodyr@lemmy.ml 4 points 1 year ago (8 children)

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

[–] clothes@lemmy.world 14 points 1 year ago* (last edited 1 year 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.

[–] duplexsystem@lemmy.blahaj.zone 11 points 1 year ago* (last edited 1 year 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.

[–] agame@lemm.ee 4 points 1 year ago

Good guy

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