Comment by kfreds

Comment by kfreds

> Your employees are very far from achieving such ambitious goals.

Again, I have no idea if any of my colleagues actually subscribe to such ideals. I was simply commenting on tolerating differences of opinion. There's also a difference between empathy/understanding and sympathy/agreement.

> You don't seem to realize how much power you, and your co-founder do have vs them.

Perhaps. I've thought about that many times. I'm pretty sure I understand it well intellectually, but I have little experience actually being an employee myself. What experience I have was almost two decades ago. I'd love to hear more about what you mean. What did I say that suggests I don't understand? Was it the "capitalist pig" joke? I was trying to inject some tongue-in-cheek humour, but waking up this morning I regret writing it, as it has little to do with the point I was trying to make. Unfortunately by then it was too old to edit. If it's something else, please tell me.

What I try to do is imagine how I would want to be treated by someone who has hard power over me, in the way an employer ultimately does over their employees. I read books and research on the subject, watch videos, listen to podcasts, learn from mentors, and I've refined my leadership philosophy over the course of the past 17 years.

I aspire to give all of my colleagues a maximum of autonomy. My approach is something like this:

1. The right person, in the right role, with the right manager. 2. Establish and refine a mutual understanding of goals, strategies, and expectations. 3. Delegate to the greatest possible extent.

The right person is roughly someone who has integrity, drive, competence and is easy to communicate with. By integrity I mean someone who admits when they are wrong and tells me when I'm wrong. Drive comes in many shapes (tech nerd, building a team, "just" a good work ethic, or simply wanting to put food on the table) - all of which are perfectly fine drives. Basically I want colleagues that care about something, anything. Competence means being able to perform their job role.

The more you have 1 and 2, the easier it is to build a mutually high-trust relationship, and a long-term collaboration with increasing autonomy.

Ultimately trust is about willingly being vulnerable to someone or something. I think that is why some of my colleagues are upset right now. They see Daniel's donation as a breach of that trust. I get that, and I feel for them.

> Any reflections on the book https://howisincorruptiblegoing.com/ ?

I haven't read it, but I've heard of it. What little I know, it sounds in line with what Daniel and I have done. Here's our ownership directive: https://mullvad.net/en/blog/ownership-and-future-mullvad-vpn

As we write in the article: """We started building this organization in the summer of 2008 for idealistic reasons, and we are still idealists who think privacy is fundamental to a civilized society.

The best strategy for achieving societal impact through entrepreneurship is consistent, long-term, and value-based ownership. For us, this disqualifies taking outside investment, either through venture capital or going public. Mullvad has instead been growing organically without outside investments. It takes longer but the results are better."""

If I understand correctly, Ries is arguing that the more valuable a company is, the more tempting it becomes to extract that value. Sure, that's why it is important to have principled and long-term shareholders. An organisation's long-term strategic behavior necessarily tries to converge on its goals, set by its shareholders. I recognize that most companies are owned by shareholders who seek to eventually increase their personal wealth. I also recognize that principles almost always get to take a back seat if they cost the shareholders too much money.

Personally I reject the U.S. 1970s corporate law doctrine that the only legitimate purpose of a company is maximizing returns to its shareholders. That's ridiculous. In the case of Mullvad its mission is related to privacy, mass surveillance and censorship, in large part because we believe privacy and the absence of mass surveillance and censorship are part of the foundation of a healthy and thriving society.

As for extracting value to benefit me personally, I don't intend to accrue more than I need. I think I've reached the point where I'm satisfied with my lifestyle and the buffer I have. I've stopped playing the stock market, and instead placed my savings in long-term investments which require a minimum of attention. I'd rather do other things with my time. Obviously I'm also confident in my future earning potential should I catastrophically lose both my company and a large portion of my savings. It is very freeing and I recognize how rare and useful it is to be able to act in line with your values without concern for economic impact. I think it allows me to make better long-term strategic decisions about our companies.

Mostly I just want to maximize my contribution to society. I've toyed with the idea of placing my shares in Mullvad and my other companies in a foundation with some kind of open-source mission. I've also reached out to various non-profits and talked to tax advisors about abstaining from dividends, and have them sent directly to those non-profits. We'll see.

I don't do this for the money anymore. I do it because it is important to me. I wonder if a lot of people commenting or trying to apply social pressure assume that we're worried about the company losing value. Of course I would be sad if colleagues or a lot of customers left us, as I care immensely about both. That doesn't mean I'm willing to betray my principles, or in this case betray Mullvad's mission.

I hope I've managed to answer most of your questions. Please tell me more about what I should do to better understand the power I have over my colleagues, as their employer. What am I missing? Thank you.

Replies kfreds · 2026-06-30
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