@just_another_person to TechnologyEnglish • 4 months agoProton is transitioning towards a non-profit structure | Protonproton.meexternal-linkmessage-square178arrow-up11.01Karrow-down137cross-posted to: technology[email protected]privacyprivacy[email protected]technology[email protected][email protected]protonprivacy
arrow-up1968arrow-down1external-linkProton is transitioning towards a non-profit structure | Protonproton.me@just_another_person to TechnologyEnglish • 4 months agomessage-square178cross-posted to: technology[email protected]privacyprivacy[email protected]technology[email protected][email protected]protonprivacy
minus-square@lemming741linkEnglish9•4 months agoNon-profit doesn’t mean that no one makes money. But it does mean they pay less taxes. If the C suite is full of funders, you can pay them in bonuses. https://www.charitywatch.org/nonprofit-compensation-packages-of-1-million-or-more
minus-squareAatubelinkfedilink3•4 months agoIt does mean that there are no shareholders and you have to be “limited in powers”.
Non-profit doesn’t mean that no one makes money. But it does mean they pay less taxes. If the C suite is full of funders, you can pay them in bonuses.
https://www.charitywatch.org/nonprofit-compensation-packages-of-1-million-or-more
It does mean that there are no shareholders and you have to be “limited in powers”.
This was a disappointing realisation about "Open"AI.
They have two divisions and only one is “open”