Just sitting here waiting on the peeps who know more about stuff to chime in on this, cause it sounds awesome. But I’ve been burned before so I’m hesitant
Seems solid.
It doesn’t change a ton, but the point was basically them putting their money where their mouth is and saying “now we can’t sell out like everything else.”
If you liked them before, this is great. It means google or whoever literally can’t buy them out, it’s not about the money. If you were iffy already because they’re not FOSS or whatever other reason, this doesn’t change that, either, for better or worse
What is this buying out talked about something not escapable if not some legal reorganization is made? It has been being talked about other companies, too, and it sounds like if you have a form of a company, you can’t legally refuse monetary offers from someone to buy your company.
Is there such a legal mechanism that forces an owner to sell out if an offer is made, or is this more about proofing a company against CEO/shareholder personal sell out decision?
A company with a public offering basically cannot refuse a large enough buyout because with a public offering comes a financial responsibility to the shareholders. Public stock is a contract saying give me money and I’ll do my best to make you money back, and it’s very legally binding.
You can avoid this by never going public, but that also means you basically don’t get big investors for expanding what you can offer. A public offering involves losing some of your rights as owner for cash.
When the legal goal becomes “money above all else”, it is hard to justify NOT selling all the data and violating the trust of your customers for money, customer loyalty has to be monetizable and also worth more.
Proton has given a majority share to a nonprofit with a legal requirement to uphold the current values, not make money. This means that the remaining ownership can be sold to whoever, the only way anything gets done is if this foundation agrees. It prevents everything associated with a legal financial responsibility to make money, but still allows the business to do business things and make money, which seems to be proton’s founder’s belief, that the software should be sold to be sustainable.
Seems legit. Going towards a better business model. Don’t know if anything stops them going from non-profit to profit as OpenAI did buy at least their movinf the other way now with intent towards the opposite.
I’ll keep using their service at least.
This makes me want to upgrade my plan.
In this world of enshittification and organizations becoming more and more aggressive, it’s so nice and refreshing to see proton doing the opposite and moving to a better model :)
Proton and Mullvad leading the way
Can you explain how or why is the Mullvad VPN better for privacy than Proton’s?
Mullvad is proven. Not that proton is not, but there were a few controversies about their operations.
Mullvad is accepting payments with actual private crypto currencies. Mullvad had authorities visit their operations site, demanding data and left empty handed as they did not have anything to offer. The same cannot be said for proton. I personally like that they do not offer free services and that they are advocating for privacy through ads and foss projects like the mullvad browser.
Proton is only publishing on f-droid, their vpn and recently their pass application. They have yet to provide notification services for de-googled devices after years of community demands. They have opt out telemetry.(except the proton pass through f-droid.) while mullvad does not, correct me if I am wrong on this.
Since you asked about the VPN, everything mullvad is running is on ram so nothing is saved. (I think this is only for their owned servers though not all of them.)
That being said, I use the proton suite as there is no other alternative right now and the casual user in me is satisfied. :)
Welp, that’s one more reason not to use proton
Because non profits are not universally good. With a company the objective is clear.
I don’t terribly care for proton or any other “secure and private” email. I think it is mostly snake oil.
I want them to have the clear objective of making money. That gives they consumer some control as you can just not give them money. That still can be true for non profits but it isn’t as powerful.
