It says that “100% of the proceeds will be donated” and I recognize a few projects in their list that are worth supporting. While this still feels a bit like an ad, I thought it was newsworthy + something that the Fediverse would be supportive of?
Please share if you see any issues with this, and I can edit it into this post (or take down the post).
Full details on the link in the post, summary:
Join our charity fundraiser before it ends on January 5th
Since 2018, with support from the Proton community, we have financially supported non-profit organizations that share this vision, donating over $3 million to fuel a growing movement for a better internet. For this year’s fundraiser, we’re giving away 10 Proton Lifetime accounts, our most exclusive plan that gives you the most storage and all the features of all our current and future products, forever.
Starting today, you can enter the raffle to win a Lifetime plan. 100% of the proceeds will be donated, along with a $150,000 matching contribution from Proton. Raffle tickets are on sale from now until January 5 at 11:59 PM CET. We’ll announce the winners the following day.
Recipient details:
A portion of the funds will also go to a few organizations from past years, such as Tor, GrapheneOS, and others, as many nonprofits have seen drops in donations and are struggling to reach their budget goals.
this year’s recipients:
- Freedom House
- Free Software Foundation Europe
- Law for Change
- Ada Lovelace Institute
- Nothing2Hide
- Free Press Unlimited
- The Tech Oversight Project
- Open Data Institute
- OpenStreetMap
- Ladybird
I remember one time I criticized proton for positioning itself as community oriented while still being a for-profit corporation. I pointed out that as long as it’s a for-profit corporation, it would have not have any financial or legal incentive to continue pursuing its mission if it ever achieved a certain level of market share. But then several months later, they actually announced that they were going to put their money where their mouth is, in transition to a nonprofit structure.
I think that proton is perhaps the greatest example at the moment that to oppose capitalism does not mean you have to be opposed to free enterprise, and people should always think about this sort of thing when they listen to any kind of business leader try to convince them that it’s actually really important that they be allowed to cash out whenever they want.
I can’t imagine that they’re set up is perfect, but I definitely am going to have to give this offer serious consideration.
The big difference is that they’re not publicly traded. Stocks are the root of all evil.
Being for profit as a legal entity doesn’t necessarily mean they will exploit every angle they can to make a profit. When a company has to answer to shareholders, like when they go public or sell private share to raise capital, that’s when it becomes a real issue. It really depends on their bylaws and who’s running the organization otherwise.
Non-profits are just for-profits for management. They make things slightly more transparent. That’s about it.
Proton isn’t opposing capitalism though, it’s filling a niche created by other organizations’ poor privacy policies. Them being nonprofit doesn’t change that, it just places certain restrictions on themselves.
First of all, I did not say that proton is opposing capitalism. I said that to oppose capitalism does not mean you have to be opposed to free enterprise. As in, you can be opposed to an economy comprised primarily of capitalist institutions without being opposed to the concept of free enterprise. Proton is simply an example of such a business, which can be used as evidence for the fact that it is entirely possible to start businesses in a free market economy which are actually interested in solving problems as opposed to using the existence of problems as a vehicle to enrich a class of shareholders.
Second of all, “it’s filling a niche created by other companies’ poor privacy policies” is essentially nothing more than a restatement of the second sentence I wrote, which I will repeat here: “I pointed out that as long as it’s a for-profit corporation, it would have not have any financial or legal incentive to continue pursuing its mission if it ever achieved a certain level of market share.”. You’re right that them adopting a nonprofit structure doesn’t change that, but it does change their ability to sell out their customers at the discretion of a class of shareholders, unlike any business which is owned by private individuals.
You seemed to use Proton as an example of that. Maybe I read it differently than you intended.
I don’t think it is. My point is that Proton is a product of capitalism, as in, like any corporation, they found/created a niche and filled it. That you like this company and not others has more to do with you liking the niche than anything altruistic you think Proton is doing.
Proton is overpriced for what they offer, but they can charge that much because of brand recognition. Look at Tuta, a for profit company that offers similar services with more features for less.
Proton is a product of a competive market, and that’s a good thing.
The irony is, I like proton because I don’t think you should trust literally any business to behave altruistically, including proton. By structuring the business in the manner that they have, I don’t just have to trust them. I just have to trust that the people in charge don’t want to go to jail or get fined, which is literally not true for any business owned by private individuals.
Well yeah, Proton is basically capitalism working as intended. They’re a smallish business exploiting a gap in the market.
Proton is still a for-profit company, the change that happened was that the for-profit company was no longer owned by a single or multiple people (that can sell it whenever they want). Instead now proton is owned by the non profit that can’t be sold
Is this similar to how Mozilla is set up?
Pretty much yeah