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

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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[-] tequinhu@lemmy.world 6 points 1 month ago

Yup, I don't know if that is OP's intention, but I would agree myself with the complaint that "Tailscale is a business"

The way I see it, if it's a business it must generate revenue (either now or down the road), and that is enough to have me worried. I do have a Tailscale registration, and the way they approach email communication is already a yellow flag to me (too many ad emails)

[-] Mordikan@kbin.earth -1 points 1 month ago

That's not really a justifiable reason, though. The Linux Foundation provides grants and scholarships to the open source community, but they do that through private equity business. So transitively, many open source projects are funded by businesses looking to capitalize on that innovation. Do you consider that when pulling from a git repository? No, that's overbearing. Additionally Headscale is in part maintained by a Tailscale employee. That would surely create a conflict of interest given Tailscale is solely interested in generating revenue.

[-] avidamoeba@lemmy.ca 1 points 1 month ago

That’s not really a justifiable reason, though.

To you it isn't, but to some of us it is. For me the standard business cycle is not acceptable because I inevitably end up under the bus whether.

The Linux Foundation isn't a comparable example for me since it's a non-profit. As a result it does not follow the same processes for-profit businesses do, let alone VC-funded ones.

At this point, with everything I know and have experienced about the economy, politics and the world, I am trying to avoid depending on for-profit businesses as much as I can because I'm tired of being run over by the bus.

this post was submitted on 09 Jun 2025
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