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Kim Dotcom plans privacy slush fund

Appeals to VCs and other investors
Tue Jul 16 2013, 14:24
Kim Dotcom Megaupload

CLOUD STORAGE MAGNATE Kim Dotcom is continuing his push for personal privacy and has reached out to investors who might want to join him.

Dotcom has put a strong emphasis on privacy since he began preparing the Mega storage website. Mega places content and the responsibility for it in the hands of the end-user, and limits Mega's exposure to litigation and takedowns.

He has talked up the privacy benefits of Mega before and spoken of secure private messaging, and now he wants to go further.

"I'm [planning] a Venture Capital Fund for privacy startups," he said on Twitter. "I'm looking for partners & fund managers."

Dotcom's announcement follows moves by Pirate Bay founder Peter Sunde in the same area.

Sunde launched secure messaging service last week, saying that it had an emphasis on security and privacy and would not expose users to the peering eyes of the NSA or other intelligence or law enforcement agencies.

Sunde said, "Companies like Facebook, Twitter, Apple and Google have been forced to open up their systems and hand out information about their users. At the same time they have been forbidden to tell anyone about it!"

"We're building a message app where no one can listen in, not even us. We would rather close down the service before letting anyone in. Secrets are only secrets if they are secret."

Sunde and the team have asked for donations from the public to help them towards their goal. We wonder if there is a finders' fee if we introduce them to Kim Dotcom. µ


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