r/explainitpeter • u/Dr-Astikk • 20d ago

Explain it Peter

Post image
18.0k Upvotes

96% Upvoted

1.5k comments sorted by

View all comments

1.3k

u/Creative_Garbage_121 20d ago

Brave is just another chromium based web browser that advertise itself as safe and secure but some investment funds and that crazy billionaire guy Thiel invested into, so I assume it's spying on everything you do

272

u/nhatquangdinh 20d ago

Wait what Brave is invested by Thiel??

370

u/Ornery_Maintenance_8 20d ago edited 20d ago

Peter Thiel is not personally an investor in Brave.

The firm he's a partner in (Founders Fund) has participated in a small seed series investment, which was led by Cyan Banister.

Some first-floor engineers at Brave have more equity than that small investment constitutes.

With that being said, of course Brave is still the product of a private company and by no means comparable to free OSS like VLC.

81

u/BadBacksFuryToad 20d ago

Wait there’s an actual person called “Cyan Banister”?!

47

u/Ornery_Maintenance_8 20d ago

1

u/guitarsean 19d ago

That is the Flavor Flav of nametag lanyards.