Startupticker

Foundations, a way to protect European companies?

Startupticker is a company in community / reddit / buyfromeu based in Europe.

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Hello, I know its not EU but I've recently read rhat Infomaniak, a swiss company recently became a foundation. A big factor for it seems to be to protect it from foreign buyouts. https://www.startupticker.ch/en/news/infomaniak-s-founder-transfers-control-of-his-company-to-a-foundation .

Are there other companies across europe who have made such a move? And wy is this not more common?

Within the community / reddit / buyfromeu space, the company focuses on its core offering rather than a broad product line.

The business is associated with Europe.

Website: startupticker.ch