this post was submitted on 09 Jun 2025
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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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[–] Archer@lemmy.world 3 points 1 day ago (10 children)

“The trend” is making money no matter what. That means they’re gonna screw you over eventually, the countdown has already begun, and it’s just a matter of time

[–] Mordikan@kbin.earth 1 points 1 day ago (9 children)

Is there an actual example you can provide of Accel doing that or is this more an emotionally driven statement you have?

[–] Archer@lemmy.world 2 points 1 day ago (8 children)

The specific company does not, in fact, matter because VCs have the same set of incentives in the end

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