No. Proton is a for profit company whose largest shareholder is a non profit foundation. As is written right in your linked post. The foundation is not the company.
Which isn’t a bad thing, actually. Being a non-profit can make it hard to expand in some cases, but what makes for-profit companies shit is the shareholders calling for the upward going line, which isn’t the motivator of the shareholder here.
For-profit company and private are not mutually exclusive though. Mullvad VPN for example is as much a for-profit company asunlike proton which is nonprofit, and arguably also one of the most private VPN services available.
Proton was created to serve the world, and the non-profit Proton Foundation ensures that this can never change. As Proton’s primary shareholder, the foundation exercises its control to ensure that Proton does not deviate from our mission to build a better internet that serves the interests of all of society.
Edit: meaning, there’s a difference between the foundation and the company
Both aren’t really private. Both is a for-profit company claiming it to be private.
Proton is a non-profit.
No. Proton is a for profit company whose largest shareholder is a non profit foundation. As is written right in your linked post. The foundation is not the company.
Somebody get this user some lemmy silver.
Oh. Didn’t know lol. I just saw Proton blabla non-profit blabla and jumped to a conclusion too fast like I always do 🥴
You read something. Big points for real.
Which isn’t a bad thing, actually. Being a non-profit can make it hard to expand in some cases, but what makes for-profit companies shit is the shareholders calling for the upward going line, which isn’t the motivator of the shareholder here.
For-profit company and private are not mutually exclusive though. Mullvad VPN for example is
as mucha for-profit companyasunlike proton which is nonprofit, and arguably also one of the most private VPN services available.Even if you were correct in saying Proton is for profit, “for-profit” and “private” are not mutually exclusive.
Proton is not a for profit.
False. The Proton Foundation is a Swiss non-profit and does not have shareholders.
Edit: meaning, there’s a difference between the foundation and the company