• poVoq@slrpnk.net
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    2 days ago

    Matrix is owned by a foundation only on paper. In reality it is all owned and driven by Element, which was very much VC funded in the past but seems to have reached the end of the VC re-financing cycle by now (hence increased enshittification speed).

    • Yaky@slrpnk.net
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      3 minutes ago

      That explains why Synapse and some other things moved under element-hq on GitHub.

      Doesn’t Element get funding from some EU governments? IIRC it was used by some police force in Germany and some departments in France.