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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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[–] qjkxbmwvz@startrek.website 12 points 1 year ago (1 children)

I think a lot of companies view their free plan as recruiting/advertising

if you use TailScale personally and have a great experience then you'll bring in business by advocating for it at work.

Of course it could go either way, and I don't rely on TailScale (it's my "backup" VPN to my home network)... we'll see, I guess.

[–] possiblylinux127@lemmy.zip 2 points 1 year ago

It also doesn't cost them much of anything

Positive PR and little draw backs means that everyone is generally pretty happy