@hexmasteen @fell Yes, but the Matrix foundation is just a non-profit organization front for the for-profit New Vector Limited & Element Software companies. It *technically* owns the protocol but *practically* all of its members are Element employees, so in reality Matrix bends to Element as they are two different names for the same thing.
@ity @fell The foundation will be more independent and powerful if it gets more donations.
And afaik Element the company didn't produce any profit yet. They are trying out ways to become financially sustainable and I whish them all the best.
(I'm not affiliated but seemingly a fanboy. ^^)