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Proton is taking its privacy-first apps to a nonprofit foundation model

Because of Swiss laws, there are no shareholders, and only one mission.

To make it happen, Yen, along with co-founder Jason Stockman and first employee Dingchao Lu, endowed the Proton Foundation with some of their shares. You can now take your cloud files, passwords, and calendars over to Proton and use its VPN services, most of which offer end-to-end encryption and open source core software hosted in Switzerland, with its notably strong privacy laws. But compared to most service providers, Proton offers a far clearer and easier-to-grasp privacy model: It can't see your stuff, and it only makes money from subscriptions.

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