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And yet Thib, mentioned in the article, does say in an another comment that they are employed by Element but working for The Foundation, making it quite hard to know the difference between the two: https://news.ycombinator.com/item?id=39369239

If you dig a bit, I'm sure you'll find this is true for quite a bit of the people either in Element or in The Foundation.

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It's hardly a secret that most people working on/for Matrix are employed by Element.

https://matrix.org/about/ has a list of names for the "guardians" of the foundation (whatever that may mean exactly) which consist of 40% Element, 60% external parties. The core spec team at the bottom links to Github profiles, from which I believe 8 out of 10 people work for Element (though I'm not 100% sure if the last person in the list still works for them based on his Github profile tag).

Thib isn't part of the foundation, he's just part of the business side, and quite a public part at that. I think his role is a good example of the distinction between Matrix and Element.

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