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

  • tetris11@lemmy.ml
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    3 hours ago

    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
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      3 hours ago

      @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
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        2 hours ago

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