@[email protected] to [email protected]English • 8 months agoProton is transitioning towards a non-profit structure | Protonproton.meexternal-linkmessage-square182fedilinkarrow-up11Karrow-down138cross-posted to: [email protected][email protected]
arrow-up1965arrow-down1external-linkProton is transitioning towards a non-profit structure | Protonproton.me@[email protected] to [email protected]English • 8 months agomessage-square182fedilinkcross-posted to: [email protected][email protected]
minus-square@[email protected]linkfedilinkEnglish9•8 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•8 months agoIt does mean that there are no shareholders and you have to be “limited in powers”.
minus-square@[email protected]linkfedilinkEnglish2•8 months agoThis was a disappointing realisation about "Open"AI.
minus-square@[email protected]linkfedilinkEnglish2•8 months agoThey have two divisions and only one is “open”
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”