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The problem is that Mozilla's profits are tied less to their market cap than to their ability to raise funding. Historically Google contributed the lion's share
by hnbad 5y ago
The problem is that Mozilla's profits are tied less to their market cap than to their ability to raise funding. Historically Google contributed the lion's share because Firefox was useful to mask the increasing market domination of Chrome, which would have caused some upset so shortly after Microsoft got into trouble for bundling Internet Explorer with Windows. This role is becoming less relevant with Microsoft reviving its browser efforts and Apple heavily pushing Safari, and of course Opera, Brave and others riding on Chrome's coat tails via Chromium (like MS for that matter).
Ironically Netscape itself became "something like Yahoo or Commodore": AOL bought Netscape (which led to the Mozilla foundation being created), then proceeded to sell discount services under the name "Netscape ISP" and eventually renamed the original Netscape company. As far as I know the original company (now non-operating) eventually ended up being owned by Facebook and the Netscape brand somehow ended up being owned by Yahoo.