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Anyone has insights into how trustworthy is Yubico? Their firmware is opaque, not shared outside the company, so is their hardware (important for RNGs etc).
Something tillitis key has. Tkey has a steeper learning curve because they're programmable, but they're also 100% open source software and hardware.
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It’s a more transparent and less predatory than venture capital.
Is it? VCs don’t raise money from “mom and pop and Reddit” retail investors, but SPACs have enabled insiders to sell stock at $10 that often ends up being worth less than $1 or even bankrupt just a year or two later. These often included a social media pump like the SPACs promoted by “SPAC king” Chamath Palihapitiya. However the companies that go public via SPAC are mostly VC-funded, so in that sense you’re right tha…
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>pre-SPAC ?
Before this ACQ Bure deal, in case quality, features, trustworthiness, or pricing change.
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The fact this is not only legal, but common practice baffles me ...
It's faster and cheaper, those are things that are generally considered valuable. Faster: the finance markets have been extremely tenuous the past 4 years between pandemics, supply chain crisis, world wars, inflation, and so on. An IPO requires 12 to 18 months of work / process before listing. SPACs can be done in a quarter or 2. In uncertain times it is much less risky to get the listing done fast. Cheaper: Startups…
Instead we saw popular podcasts push their SPACs on gullible retail investors, based on fuzzy concepts like disruption and TAM. Subsequently these SPACs lost 90% of their value and the insiders made bank. I hope to see jail sentences for the more shameless SPAC pump and dump players.
Anyone has insights into how trustworthy is Yubico? Their firmware is opaque, not shared outside the company, so is their hardware (important for RNGs etc).
Today there are more trustworthy alternatives. Yubikey is great for a very limited set of uses. But it lacks programmability and openness. Something tillitis key has. Tkey has a steeper learning curve because they're programmable, but they're also 100% open source software and hardware.
For a lot of us, that's a feature, not a bug.
Yikes! I didn't realize Yubico was is such bad shape financially that this was their best (only) option.
(ACQ Bure is a SPAC.)
I have an irrational concern about using security products from a company post-merger or acquisition. It has never ended well for me as an anecdotal user. Going public is taking that worry even further. Make keys, sell keys. The end. What's there to raise funding for? Build yet another password vault?
For personal use, I just tried to buy a few pre-SPAC units, just in case. But they seem to no longer sell any plain non-NFC USB-A keychain models.
Time for an open source u2f token.
https://www.nordicsemi.com/About-us/BuyOnline?search_token=n...