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> Mozilla is seemingly on its way to certain bankruptcy. Mozilla has hundreds of millions of dollars in cash and over a billion in investments according to the
by Figs 2y ago
> Mozilla is seemingly on its way to certain bankruptcy.
Mozilla has hundreds of millions of dollars in cash and over a billion in investments according to their last financial statement -- so, no, they are not.
- josteink 2y agoIt doesn’t matter much what they have in cash and non-liquid assets if they don’t have a balanced budget. 90% of Mozilla’s direct income (cash) comes from Google. And it looks like that funding may go away soon [1]. If Firefox had a big marketshare they might be able to capitalise on that, but right now it’s the lowest it’s ever been, and they keep on burning bridges. [1] https://www.zdnet.com/home-and-office/networking/why-googles-legal-troubles-could-hasten-firefoxs-slide-into-irrelevance/ https://www.zdnet.com/home-and-office/networking/why-googles...