Zoom trading at ~1,700 P/E which to me seems absurd. Wonder if the acquisition involved much stock! Seems like a good time for Zoom to make transactions like this.
Zoom Acquires Keybase
301–310 of 751 posts
Re: Zoom Acquires Keybase
#302Earlier quoted context omitted.
What endgame do you think your company has other than eventually selling out its userbase in one way or another ?
Matrix isn’t a company, it’s a non-profit foundation, expressly set up to protect its users: see https://matrix.org/foundation for details. Riot is a Matrix client made by New Vector ( https://vector.im ), the company started by the team who originally created Matrix. The endgame there is to sell Matrix hosting ( https://modular.im ), support and other value-added services for Matrix. We are categorically not going t…
Re: Zoom Acquires Keybase
#303Earlier quoted context omitted.
> I miss the days when businesses existed not just to serve investors but also their employees and the common good Uh when was this? For-profit businesses have always been created for the primary purpose of making money. Any side effect like employee well being happened to coincide with what maximized profits at the time or due to regulation.
Your idea is not an inevitability but actually from the late 20th century, and became very popular starting in the 80s. Here is a link that showed up in google for me when I tried to find support of this claim: https://www.washingtonpost.com/opinions/harold-meyerson-the-...
Literally they bought an army and took over India for money.
Re: Zoom Acquires Keybase
#304Earlier quoted context omitted.
> So, yup, keybase is dead. Well, shit. Keybase had an amazing potential. I use it every day to ad-hoc securely share/store stuff. It will be sad to see it wither even more than it has. :(
Lucky for us it is open source? I was hoping to use it to replace Dropbox but they kept not taking my money... small wonder they went for the acquisition.
Not exactly. The clients are open source, but the central server isn't. See https://github.com/keybase/client/issues/6374. It might be possible to reverse engineer the server, but it would be a lot more involved than just forking the project.
Re: Zoom Acquires Keybase
#305So, the company that got bribed by a shitcoin promoter to backdoor the keybase app so it can abuse your secret keybase identity keys to place permanent, non-removable shitcoin ads on your profile[1] (and then immediately denied that it was a backdoor and also lied about implementing the ability for users to remove the ads keybase got paid to place[2]) is now joining up with the company that has shipped sketchy backdo…
From your second link a commenter actually steps through the flow: https://news.ycombinator.com/item?id=21116981 It seems pretty clear from that description that the user consents to signing... I think it’s annoying to see wallet and chat when all I really cared about was a discoverable public key, but it doesn’t appear to be a backdoor signing method.
Re: Zoom Acquires Keybase
#306Earlier quoted context omitted.
It seems that we live in an era where if you made bad decisions in the past, you can never be trusted to make good decisions ever again. Even if you own your bad decisions and show lots of improvement. Nope. Once a pariah, always a pariah.
Zoom's decisions did not feel like mistakes so much as an expression of their values. The company repeatedly prioritised ease of use while doing the absolute minimum on the security front. Are there any grounds to believe that that calculus has changed?
They prioritized ease of use above all to get adoption before. This is appalling to me, but I believe they are seeing enough pressure to change course. It’s believable to me that they would intend to as they have already captured much of the consumer (non-B2B) market mind share and can afford to invest in this area.
Will I be using it now? Still a no. Maybe I’m time though.
Re: Zoom Acquires Keybase
#307Looks like it wasn't a good idea to leave your private keys in Keybase's servers was it? Perhaps the moment that Keybase took VC funding a while back, it was over to begin with and the principles of being a "Slack competitor" and respecting their users privacy went straight out of the window and into the bin. I really had high hopes for Keybase as a Slack competitor, the cryptocurrency stuff I actively ignored, but t…
scrape all those social media posts, reddit subs, etc. and you've probably got a solid idea of who that user is. all under the guise of public FLOSS stuff.
Re: Zoom Acquires Keybase
#308Earlier quoted context omitted.
Alternatively Mirage[0] - Qt + Python. There is really a lot to choose from with Matrix. The beauty of open protocol. [0]: https://github.com/mirukana/mirage
Seems like on Fedora the only mirage available is Mirage the image viewer http://mirageiv.sourceforge.net/
Re: Zoom Acquires Keybase
#309Earlier quoted context omitted.
> I miss the days when businesses existed not just to serve investors but also their employees and the common good Uh when was this? For-profit businesses have always been created for the primary purpose of making money. Any side effect like employee well being happened to coincide with what maximized profits at the time or due to regulation.
Pre-1970 or so. Before Milton Friedman, there was a general sense that companies existed to fulfill some mission, with profit as a means. The CEO of Kellogg commented on this in an interview ca. 1980, that money for a business is like a gasoline for a road trip. You need it to get where you're going, but the point of a road trip is not to accumulate as much gasoline as possible.
Kellogg also burned girls clitoris away because he was against masturbation. Other then he had incredibly toxic fights about the right to the IP and broke his relation with his brother. Clearly he didn't care about profits.
Also a single example doesn't prove that things were structurally different. There are tons of companies now that exist with different goals.
Re: Zoom Acquires Keybase
#310Earlier quoted context omitted.
Lucky for us it is open source? I was hoping to use it to replace Dropbox but they kept not taking my money... small wonder they went for the acquisition.
> it is open source Not exactly. The clients are open source, but the central server isn't. See https://github.com/keybase/client/issues/6374 . It might be possible to reverse engineer the server, but it would be a lot more involved than just forking the project.
A shame, it seemed to work really well. Maybe Zoom will be willing to take my money to be a DropBox end-to-end encrypted cloud sync service instead, they seem to be fairly on the ball with responding to complaints and that they decided it was worth buying Keybase to improve their service maybe they'll come out alright.
Wishful thinking maybe =)