I was also under the impression that Proton was a non-profit, but learned from the Reject Convenience video linked that they are, in fact, a for-profit company. Not trying to advocate for using or not using it, just sharing my learnings.

  • Avid Amoeba
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    4 days ago

    Proton AG is owned by the Proton Foundation which is a non-profit.

    • An Otter@feddit.org
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      4 days ago

      Exactly, Proton AG is a for‑profit company that earns revenue through subscriptions.

      Proton Foundation is a nonprofit entity that owns a controlling stake in Proton AG. The nonprofit structure is designed to protect the company from being fully acquired by outside investors who might compromise its principles.

      So essentially, Proton operates as a for-profit business, but its mission is safeguarded by the nonprofit foundation.

    • ApplyingAutomation@lemmy.worldOP
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      4 days ago

      As mentioned in the video, this isn’t the same since it doesn’t require Proton AG to have the same level of transparency.

      Again, not saying this is a bad thing, just that it seems to be a common misconception.