> Beware the Keybase formula:
1. Integrates with an existing, open ecosystem
2. May have open-source clients, but server is closed source and does not federate
3. Pretty UI and good marketing
4. VC funded
Agreed. And I'd pay *particular* attention to #4.
With a normal company, you have to ask "can the current business model make money?" If not, it will change.
With a VC-backed company, you have to ask "can the current business model make 10× returns?" If not, it will change.
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