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.
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.
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.
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