Some highlights for me:
Proton is not a product of Silicon Valley but a crowdfunded project conceived at CERN (the European Organization for Nuclear Research). Proton was not created to get rich (if you want to get rich, you don’t go to work at CERN) but rather to address the important societal problem of surveillance capitalism.
From the start, Proton has always been about the mission and putting people ahead of profits. The goal is not to raise endless rounds of VC funding at dizzying valuations, and there is no price at which we would compromise our integrity.
Proton is a very rare tech company that has managed to achieve scale but today does not have any venture capital investors. This gives us an unparalleled ability to put user interests first without being beholden to financially driven investors. We cannot be forced to sell ourselves, forced to deliver higher profits, or forced to seek sources of revenue that don’t align with our mission.
Proton is not profit-driven, and we are strong believers in long-term financial sustainability. We are not billionaire subsidized, government subsidized, or donation subsidized. Rather, we derive almost all of our revenues from selling services directly to users in a profitable way.
We charge a fair price that reflects our costs and can deliver long-term stability. The benefit of this should not be overlooked in an era where software companies are raising prices 20% year over year. Proton’s prices have not increased in 10 years. And when our costs go down, because we don’t have VC shareholders with specific financial requirements, we can actually pass those savings on to you.
Technological sustainability cannot be overlooked. Proton owns all our servers and network equipment, acts as our own internet service provider, and doesn’t rely upon any third-party cloud providers (no Google Cloud, AWS, Microsoft Azure, etc.). Our data centers are located in multiple countries (Switzerland, Germany, and Norway), our server hardware is provided by multiple suppliers, as is the electricity that runs into our data centers, with the goal of eliminating all single points of external dependency. The investments required to take this approach are massive, but they ensure we are protected against third-party risks. AWS suddenly raising prices won’t tank our sustainable business model because we are in much better control over our direct costs.
The same goes for core technology and expertise. We maintain our own encryption libraries, employ our own cryptographers, and build and maintain our entire stack in-house, from the physical hardware all the way to the front-end software. This comes at much higher cost, but allows us to better react to any unexpected situations. There is very little software (or hardware) run at Proton today where we do not have our own in-house experts who can fix it if something goes wrong.