Comment by gspencley
I've got a different take. If they're in the VC phase, that means they are not self sufficient. The amount of funding that they've raised is no indication what-so-ever of a) how much of that funding has actually been realized / received b) what their overhead is and c) what their overall financial picture looks like.
I do wish that more companies would take privacy and security seriously. And bug bounty programs are great. But they're not always within the budget of companies and the fact that they decided to award this security researcher regardless of having no such program is a massive win in my opinion and shows how much they value this particular contribution.
Thanks for the reply! I think I disagree with you, mostly because it seems like this particular bug could have been company-destroying because of the potential reputation hit if it was exploited on a wide scale.
But regardless, I appreciate your perspective and it gives me some stuff to consider I hadn't previously.