this post was submitted on 07 Oct 2024
205 points (97.2% liked)

Firefox

20257 readers
6 users here now

A place to discuss the news and latest developments on the open-source browser Firefox

founded 5 years ago
MODERATORS
 

MARK SURMAN, PRESIDENT, MOZILLA Keeping the internet, and the content that makes it a vital and vibrant part of our global society, free and accessible has

you are viewing a single comment's thread
view the rest of the comments
[–] tetris11@lemmy.ml 15 points 9 months ago (12 children)

Well, how did they do it in 90s-2010s? Genuinely asking. What's changed that they can no longer do this.

[–] GnuLinuxDude@lemmy.ml 10 points 9 months ago (5 children)

Netscape, which was essentially the predecessor to Mozilla, was a well funded VC-backed startup. That’s how they did it.

[–] tetris11@lemmy.ml 4 points 9 months ago (4 children)

and only now the investors are asking for their return? Or the investors aren't re-investing and that's the problem?

[–] ants_are_everywhere@mathstodon.xyz 8 points 9 months ago* (last edited 9 months ago) (1 children)

@tetris11 @GnuLinuxDude

Mozilla Corporation -- which makes Firefox -- is a wholly owned subsidiary of Mozilla Foundation. The foundation is a nonprofit.

A nonprofit can't generate a lot of business income unrelated to its mission. Firefox used to generate a lot of income, so it had to be spun off into a taxable entity called Mozilla Corporation.

The corporation doesn't have investors in the usual sense.

[–] tetris11@lemmy.ml 4 points 9 months ago

Christ that's a messy inheritance model. Hopefully Firefox will be spun off to, and will have to focus solely on the browser.

load more comments (2 replies)
load more comments (2 replies)
load more comments (8 replies)