retiolus@lemmy.cat to Privacy@lemmy.ml · 1 year agoProton is transitioning towards a non-profit structureproton.meexternal-linkmessage-square95fedilinkarrow-up10arrow-down10cross-posted to: technology@lemmy.worldtechnology@lemmy.mlprivacy@lemmy.worldtechnology@lemmy.worldprivacy@lemmy.worldtechnology@lemmy.worldprivacyguides@lemmy.one
arrow-up10arrow-down1external-linkProton is transitioning towards a non-profit structureproton.meretiolus@lemmy.cat to Privacy@lemmy.ml · 1 year agomessage-square95fedilinkcross-posted to: technology@lemmy.worldtechnology@lemmy.mlprivacy@lemmy.worldtechnology@lemmy.worldprivacy@lemmy.worldtechnology@lemmy.worldprivacyguides@lemmy.one
minus-squareBlisterexe@lemmy.ziplinkfedilinkarrow-up0·1 year agoSeems like all that will change is the fact that all profits made will be reinvested in the company, im not an expert though, so i may be wrong
minus-squarelps@lemmy.mllinkfedilinkarrow-up0·1 year agoWell that’s cool:). Remove the profit motive/surplus goes a long way to slow down evil.
minus-squareMatt@lemdro.idlinkfedilinkEnglisharrow-up0·1 year agoProton will still be a for-profit company that will be majority-controlled by a non-profit. The non-profit will not own all of the business either, so there will still be profits going to shareholders.
minus-squareJackbyDev@programming.devlinkfedilinkEnglisharrow-up0·1 year agoMany for-profit companies do this as well.
Seems like all that will change is the fact that all profits made will be reinvested in the company, im not an expert though, so i may be wrong
Well that’s cool:). Remove the profit motive/surplus goes a long way to slow down evil.
Proton will still be a for-profit company that will be majority-controlled by a non-profit. The non-profit will not own all of the business either, so there will still be profits going to shareholders.
Many for-profit companies do this as well.
But are they also required to do so?