Business Daily Business Daily meets: CEO of Proton Andy Yen
Mar 15, 2024
Andy Yen, founder of Proton, talks about personal privacy, growing up in Taiwan, and navigating VPN software regulations in Russia. The podcast explores Proton's unique business model, Yen's transition from academia to CEO, and the importance of data privacy in today's digital age.
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US User Surges
- Proton Mail saw US user surges after both the 2016 and 2020 elections.
- Each surge correlated with the opposing political party gaining control of intelligence agencies.
Biggest Privacy Threat
- Government surveillance is not the biggest privacy threat; private companies like Google and Facebook pose a greater risk.
- Their business models incentivize data exploitation, even with user "consent."
No Free Lunch
- Free internet services come at the cost of personal data, which is hard to value.
- Once your data is online, it cannot be retrieved, making online privacy a critical concern.