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> Is Mozilla strapped for cash or something? Nope. According to their financial statement, the Mozilla Foundation had $69M in "cash and cash equivalents" at th
by Figs 9y ago
> Is Mozilla strapped for cash or something?
Nope. According to their financial statement, the Mozilla Foundation had $69M in "cash and cash equivalents" at the end of last year, about $329M in investments, and literally gave away millions of dollars in grant funding. It's not entirely clear to me how the financial interaction works between them, but the privately-held Mozilla Corporation (i.e. the 1000+(!) employee company that actually makes Firefox, and which the Foundation owns as a subsidiary) had over $500M in revenue from their search engine deals...
See "State of Mozilla 2016" https://www.mozilla.org/en-US/foundation/annualreport/2016/ https://www.mozilla.org/en-US/foundation/annualreport/2016/ and also check out the Foundation's financial statement and tax form PDFs on the bottom for more details.