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A comment on Element raises $30M to boost Matrix. Parent comment

Re:Element raises $30M to boost Matrix by the_duke on Tuesday July 27, 2021 @04:10AM (#27969878)
Element sells business plans. [1]

In addition, Matrix has been chosen for quite a few large deployments by governments, so there presumably are large-ish support contracts associated with those.

If that's enough to justify a 30 Million round is another question.

> there are no plans to use cryptocurrency incentives in Matrix or Element any time soon

Note the wording here... "any time soon" is quite different from "no plans, period".

[1] https://element.io/pricing

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Re:Element raises $30M to boost Matrix by darthrupert on Tuesday July 27, 2021 @06:55AM (#27970935)
Slack's valuation in 2019 was over 20B. 30M ain't much.
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Re:Element raises $30M to boost Matrix by SahAssar on Tuesday July 27, 2021 @05:48PM (#27978077)
Why do you think Element is trying to optimize for short term valuations?
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