3 ms·

As a for-profit business, that CEO salary is typical for a company of their size. People seem to always confuse Mozilla Foundation (non-profit) and Mozilla (fo

As a for-profit business, that CEO salary is typical for a company of their size. People seem to always confuse Mozilla Foundation (non-profit) and Mozilla (for-profit) entities. https://en.wikipedia.org/wiki/Mozilla_Corporation https://en.wikipedia.org/wiki/Mozilla_Corporation

goodpoint 4y ago
That doesn't make it any more legitimate.
alxlaz 4y ago
The salary is definitely typical. What's less typical is an under-performing employee getting a 93% raise.
- tiffanyh 4y ago
  What makes you say this individual is underperforming? What metric are you measuring this individual against? Because Revenues went from $441M (2020), to $527M (2021), that's a 20% YoY increase in topline revenue growth. That's huge for a company of this size. https://assets.mozilla.net/annualreport/2021/mozilla-fdn-2021-fs-final-1010.pdf https://assets.mozilla.net/annualreport/2021/mozilla-fdn-202...
  - coldtea 4y ago
    The only metric that matters given the mission of Mozilla is user share...
  - alxlaz 4y ago
    > What metric are you measuring this individual against? Because Revenues went from $441M (2020), to $527M (2021), that's a 20% YoY increase in topline revenue growth. That's huge for a company of this size. That annual report can be tl;dr-ed as "we're like years away from closing shop but we sampled data at juuust the right moment to make you wonder why". That's a huge for a company of this size, but it's also largely accidental. The mechanisms behind the revenue growth are fragile and tied to the browser (if not directly, like Pocket, at least in the initial stages of the funnel and through branding, like Mozilla VPN). And the browser is bleeding users. There are plenty of alternatives for all these services which will be there if users decide to switch browsers. The only way it'll still look like growth next year is if adoption of paid services will be slow enough that it'll take more than an year to reach the declining user cap. Mozilla can secure secure its position through attractive software and services, not bean counting bullshit -- paying customers pay for software and services, not numerology. Failing to deliver attractive software and services is a core failure, and the capital underperformance: unless it's rectified, annual reports won't look as pretty. So yeah, my metric here is increasing paid service adoption base. $441M -> $527M is an attractive looking feature, but that's because it only contains the initial adoption uptick in a shrinking potential customer base.
throw_m239339 4y ago
Seems to me like the CEO is underperforming, shouldn't the company look for a new CEO like any company of this size?
tapoxi 4y ago
They were originally a nonprofit, and then created a for-profit child company and moved all resources to it. It's baffling to me that this is legal.
- jeltz 4y ago
  I really do not see the issue. The difference between a non-profit and for-profit owned by a non-profit is basically nil in my country (Sweden). Nothing prevents non-profits from paying their managers ridiculous salaries. You do not need to create a for profit company to enrich yourself. The board and managers of Mozilla Foundation being unethical does not have anything to do with the existence of Mozilla Corporation or not, that is just minor administrative details and they could be just as unethical either way.

goodpoint 4y ago

That doesn't make it any more legitimate.

alxlaz 4y ago

The salary is definitely typical. What's less typical is an under-performing employee getting a 93% raise.

tiffanyh 4y ago
What makes you say this individual is underperforming? What metric are you measuring this individual against? Because Revenues went from $441M (2020), to $527M (2021), that's a 20% YoY increase in topline revenue growth. That's huge for a company of this size. https://assets.mozilla.net/annualreport/2021/mozilla-fdn-2021-fs-final-1010.pdf https://assets.mozilla.net/annualreport/2021/mozilla-fdn-202...
- coldtea 4y ago
  The only metric that matters given the mission of Mozilla is user share...
- alxlaz 4y ago
  > What metric are you measuring this individual against? Because Revenues went from $441M (2020), to $527M (2021), that's a 20% YoY increase in topline revenue growth. That's huge for a company of this size. That annual report can be tl;dr-ed as "we're like years away from closing shop but we sampled data at juuust the right moment to make you wonder why". That's a huge for a company of this size, but it's also largely accidental. The mechanisms behind the revenue growth are fragile and tied to the browser (if not directly, like Pocket, at least in the initial stages of the funnel and through branding, like Mozilla VPN). And the browser is bleeding users. There are plenty of alternatives for all these services which will be there if users decide to switch browsers. The only way it'll still look like growth next year is if adoption of paid services will be slow enough that it'll take more than an year to reach the declining user cap. Mozilla can secure secure its position through attractive software and services, not bean counting bullshit -- paying customers pay for software and services, not numerology. Failing to deliver attractive software and services is a core failure, and the capital underperformance: unless it's rectified, annual reports won't look as pretty. So yeah, my metric here is increasing paid service adoption base. $441M -> $527M is an attractive looking feature, but that's because it only contains the initial adoption uptick in a shrinking potential customer base.

throw_m239339 4y ago

Seems to me like the CEO is underperforming, shouldn't the company look for a new CEO like any company of this size?

tapoxi 4y ago

They were originally a nonprofit, and then created a for-profit child company and moved all resources to it. It's baffling to me that this is legal.

jeltz 4y ago
I really do not see the issue. The difference between a non-profit and for-profit owned by a non-profit is basically nil in my country (Sweden). Nothing prevents non-profits from paying their managers ridiculous salaries. You do not need to create a for profit company to enrich yourself. The board and managers of Mozilla Foundation being unethical does not have anything to do with the existence of Mozilla Corporation or not, that is just minor administrative details and they could be just as unethical either way.