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Friendly reminder that Tailscale is VC-funded and driving towards IPO (betakit.com)

submitted 1 year ago* (last edited 1 year ago) by avidamoeba@lemmy.ca to c/selfhosted@lemmy.world

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Corporate VPN startup Tailscale secures $230 million CAD Series C on back of “surprising” growth

Pennarun confirmed the company had been approached by potential acquirers, but told BetaKit that the company intends to grow as a private company and work towards an initial public offering (IPO).

“Tailscale intends to remain independent and we are on a likely IPO track, although any IPO is several years out,” Pennarun said. “Meanwhile, we have an extremely efficient business model, rapid revenue acceleration, and a long runway that allows us to become profitable when needed, which means we can weather all kinds of economic storms.”

Keep that in mind as you ponder whether and when to switch to self-hosting Headscale.

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[–] chameleon@fedia.io 9 points 1 year ago (2 children)

They also had a major ass security issue that a security company should not be able to get away with the other day: assuming everyone with access to an email domain trusts each other unless it's a known-to-them freemail address. And it was by design "to reduce friction".

I don't think a security company where an intentional decision like that can pass through design, development and review can make security products that are fit for purpose. This extends to their published client tooling as used by Headscale, and to some extent the Headscale maintainer hours contributed by Tailscale (which are significant and probably also the first thing to go if the company falls down the usual IPO enshittification).

[–] surph_ninja@lemmy.world 7 points 1 year ago

Isn’t that the entire design philosophy of tailscale?: reduce friction, at the cost of some security.

If security is your main priority, you should be using more secure options, even if they are less convenient or tougher to maintain.

[–] avidamoeba@lemmy.ca 1 points 1 year ago (1 children)

Headscale maintainer hours contributed by Tailscale

Could you expand on this?

[–] chameleon@fedia.io 7 points 1 year ago (1 children)

There's a disclaimer in the readme: https://github.com/juanfont/headscale/?tab=readme-ov-file#disclaimer

The maintainer Tailscale contributes happens to be the lead developer by commit count at the moment.

[–] avidamoeba@lemmy.ca 1 points 1 year ago

Thank you!