this post was submitted on 23 Nov 2024
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May I be frank? I suspect that, in the long run, Mozilla not getting this money will actually benefit Firefox. Sure, so exec will get pissed as they won't get 5.6 million dollars a year, and Firefox won't get some weird nobody-asked-for feature that'll be ditched some time later; but I think that they'll focus better on the browser this way. Specially because whoever is paying the dinner is the one picking the dish, and with a higher proportion of their effective income coming from donations, what users want will stop being so neglected.
Just my two cents.
Yeah but in the short term the company will literally go out of business
Not likely. Mozilla had $1,321,539,000 in total assets -- roughly half a billion dollars of which was in "cash and cash equivalents" -- in their last (2022) audited financial statement: https://assets.mozilla.net/annualreport/2022/mozilla-fdn-2022-fs-final-0908.pdf
Y'know, you're right & that's wild. I guess I should have known, but didn't assume that they have like 600m in unrelated investments. Though the burn rate is quite a lot too, so they probably would scale back browser dev a lot if it lost its profitability & become a pure VC kinda org