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Tailscale has raised $160M

(tailscale.com)
655 points louis-paul | 5 comments | 08 Apr 25 10:36 UTC | HN request time: 0s | source
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devmor ◴[08 Apr 25 18:02 UTC] No.43624684[source]▶
Depressing news, I have no hope that the countdown to Tailscale being unusable subscription trash has not started with this announcement.

I realize this is a very ironic place to make this statement, but I am utterly exhausted by VC money destroying all of the services I enjoy, like a slow disease spreading through a herd of livestock.

replies(1): >>43625397 #
1. slig ◴[08 Apr 25 19:04 UTC] No.43625397[source]▶
They have raised before, so that money helped shape the service you enjoy.
replies(1): >>43627275 #
2. devmor ◴[08 Apr 25 22:55 UTC] No.43627275[source]▶
Yes, but when they raised before they did not give up a bunch of control in return.
replies(1): >>43631991 #
3. jen20 ◴[09 Apr 25 13:43 UTC] No.43631991[source]▶
One gives up a decent amount of control for the first 12m, then a bunch more at 100m. Unless you work there, you frankly have no idea how much control the founders have.
replies(1): >>43632359 #
4. devmor ◴[09 Apr 25 14:11 UTC] No.43632359{3}[source]▶
12m? What are you talking about? Tailscale had already raised 115m previously.
replies(1): >>43646383 #
5. jen20 ◴[10 Apr 25 17:49 UTC] No.43646383{4}[source]▶
Their series A was 12m. Their series B was 100m.