3 ms·

Mozilla is a billion dollar corporation Source: https://www.mozilla.org/en-US/foundation/annualreport/2021/article/angela-and-eric/ https://www.mozilla.org/en-

• jordigh 3y ago
  The corporation part is kind of a legal hack, though. It's a corporation owned by a foundation and it answers only to that foundation. It has no inherent profit motive, no shareholders. Basically, this happened because search was an accident. By incorporating Google search as the default, Mozilla suddenly found a revenue source it did not expect. It created the corporation in order to better handle the influx of money without losing the nonprofit status. So, while it has a lot of money, it's really at its heart a foundation, not a corporation.
  • none_to_remain 3y ago
    While one is called Mozilla Foundation and one is called Mozilla Corporation, they are both corporations. You can see the Mozilla Foundation's articles of incorporation: "The name of the corporation is Mozilla Foundation" https://www-archive.mozilla.org/foundation/documents/mf-articles-of-incorporation.pdf https://www-archive.mozilla.org/foundation/documents/mf-arti...
    • jordigh 3y ago
      I'm not sure what that means, but it's a 501(c)(3). Here is the foundation's annual report, for example: > Established in July 2003, Mozilla Foundation (the Foundation) is a California not-for-profit corporation that exists to improve and protect the internet as a public resource by working with thousands of volunteers to 1) keep the internet a universal open platform and 2) promote continued innovation on the internet. The Foundation supports the development of open- source, standards-compliant, free internet applications useable free of charge to hundreds of millions of users. It also a) develops foundational technologies that can be used to build the values of openness and interoperability into the internet; and b) fuels the movement for an open internet through educational work that connects open internet leaders with each other and mobilizes grassroot activities around the world. The Foundation is headquartered in San Francisco, California. https://assets.mozilla.net/annualreport/2021/mozilla-fdn-2021-fs-final-1010.pdf https://assets.mozilla.net/annualreport/2021/mozilla-fdn-202... I don't think the word "corporation" in "non-profit corporation" means much of anything as long as it has its non-profit status.
    • maxerickson 3y ago
      If it helps, people often use 'corporation' as shorthand for a for-profit corporation. Most non-person legal entities will be a corporation or other similar structure.
  • quickthrower2 3y ago
    It has the one big customer problem tough. Not only that - that customer's existence requires it to do privacy evading stuff.
  • mozman 3y ago
    Mozilla has billions of dollars in the bank, doesn’t pay taxes, and is forced to spend a lot of money every year to maintain non-profit status
    • fabrice_d 3y ago
      Not true. Mozilla Corp pay taxes like any other corporation. The Foundation doesn't have a billion in the bank.
• deleted 3y ago
  [deleted]