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by tptacek
4646 days ago
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“It is with great regret that I am writing to inform you of the closing of Ziptr, Inc. and the discontinuation of all Ziptr products,” said Bhathena. “Your sense of innovation and willingness to believe in a solution that offered both security and ease of use was a source of energy and inspiration for our company. For that, we are immensely grateful.” Bhathena and other Ziptr staff did not immediately respond to requests for comment. This doesn't sound a whole lot different from any other un-graceful startup shutdowns. Did this service have a lot of users? Also, is the characterization of Ziptr as an "encryption provider" accurate? Or were they just a secure document storage company? There are a lot of companies that do "document encryption" and "email encryption" for enterprises that are not, as HN privacy enthusiasts understand the term, really crypto products. |
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That though from Ziptr's 9/24 blog post is unusual: both the ridiculously short time period of 3 days, and the phrase "cannot guarantee."
Also, I find it hard to believe that such a serious serial entrepreneur with such significant backing (approx. $7M) would close up shop so suddenly and unprofessionally. Why burn bridges like this?