retiolus to Privacy@lemmy.ml • 11 months agoProton is transitioning towards a non-profit structureproton.meexternal-linkmessage-square98fedilinkarrow-up11arrow-down10cross-posted to: privacyguides@lemmy.one
arrow-up11arrow-down1external-linkProton is transitioning towards a non-profit structureproton.meretiolus to Privacy@lemmy.ml • 11 months agomessage-square98fedilinkcross-posted to: privacyguides@lemmy.one
minus-square@Blisterexe@lemmy.ziplinkfedilink0•11 months 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-square@lps@lemmy.mllinkfedilink0•11 months agoWell that’s cool:). Remove the profit motive/surplus goes a long way to slow down evil.
minus-squareMattlinkfedilinkEnglish0•11 months 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.
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?