Sorry I wasn't elaborate. What I was trying to say was SilentCircle had the money, the people, the pedigree, the vision and yet failed. Privacy is a hard sell and one of the reasons is that it is expensive and comes at a cost of inconvenience, unfortunately, given then way BigTech has shaped its offerings over the years.
puri.sm may yet execute well and take-off but privacy remains a seriously hard problem to tackle (due to govt, ad-net, big-tech) yet easily a problem to get passionate about.
I still don’t see how this suggests security is not a lively, profitable industry. The same anecdote could apply in spades to food startups, telecom startups, sports analytics startups, makeup startups and dozens of other types of businesses.
puri.sm may yet execute well and take-off but privacy remains a seriously hard problem to tackle (due to govt, ad-net, big-tech) yet easily a problem to get passionate about.