Re:WeVPN Is Shutting Down
by jfengel on Thursday April 13, 2023 @05:59PM
(#35562679)
I don't know much about the industry, but I'm a bit surprised to hear about them having high margins.
I'd have thought that maintaining infrastructure would be kind of a pain. You need to have outgoing access points all over the place. I assume that they mostly just rent them, but still, that's just a bunch of egress fees. And I'm sure that their customers love to stream movies through their VPN.
I suppose the fact that I hear about VPNs mostly through commercials means that the margins must be high, or they wouldn't spend so much on acquisition. But it seems like an unpleasant business to be in, with a lot of overhead and customer handholding.
I'd have thought that maintaining infrastructure would be kind of a pain. You need to have outgoing access points all over the place. I assume that they mostly just rent them, but still, that's just a bunch of egress fees. And I'm sure that their customers love to stream movies through their VPN.
I suppose the fact that I hear about VPNs mostly through commercials means that the margins must be high, or they wouldn't spend so much on acquisition. But it seems like an unpleasant business to be in, with a lot of overhead and customer handholding.