EDIT. Got an answer. Move along people, nothing to see here.
There were no terms associated with this deal other than to help Voat succeed and to offer some resources to this end.
-Putt
/
For anyone out of the loop, two months ago Putt announced a secret investor for voat with vague details. Which you can read here https://voat.co/v/announcements/2934082
What we were told:
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Voat has gotten a budget for staff and a partial budget for operation
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Putt remains CEO
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The investor wishes to be kept secret (I feel like I would want the same in their shoes)
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And the Details of the deal have been kept off the table “at least until Voat gets acclimated to the
partnership and the newness fades.”
The only other thing I have heard from Putt that adds any good information is that both he and Atko retain majority ownership/control. While that’s a good thing, we still have no idea what they agreed too to secure this funding.
My argument is, while the anonymity of the investor is understandable secret, the only reason to continue to withhold the details of the agreement would be if there were some kind of malicious, foul, or some other stipulation that would be disagreeable to the community.
I have yet to see a single good reason to keep that information secret; and doing so completely undermines any notion of transparency. It seems the only way we will ever get that information is if the goats make a big stink. Which is why I am here to remind you all, again.
Unless @puttitout judges us as being acclimated enough to be told.
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0322044 ago
Of course there's stuff he doesn't want to tell us. No one is going to throw a bunch of money into voat without having the intentions of changing things in a way that allows that investor to make money.
PuttItOut ago
There is more than one way to succeed other than the worn path that is advertisement based.
0322044 ago
Voat is a very important outlet for a lot of us misfits who don't fit in other places. Stay true to us putt, I will put my trust in you.
jollux ago
you're an idiot to trust anyone on the internet
0322044 ago
I do not yes.
jollux ago
Oh, so datamining.
drstrangegov ago
Voat is a digital ghetto where they keep all of the insane, gibbering creatures they don't want on twitter, Facebook, etc.
TheKnightOfGod ago
Actually, it's very much the opposite.
doginventer ago
Ah! So the rest of the internet is paying you for protection