this post was submitted on 29 Dec 2024
915 points (96.7% liked)
Firefox
18106 readers
39 users here now
A place to discuss the news and latest developments on the open-source browser Firefox
founded 5 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
This graph shows a disingenuous relationship between revenue and the market share of a free and open source project within the walls of a not-for-profit organization. Firefox is not a revenue stream in the traditional sense. In fact, most of Mozilla 's money comes from grants and donations for projects and research they do.
I get that CEO=EVIL is a viral topic these days but if all you know about Mozilla is that they make the Not Chrome browser, then you should really educate yourself on what it is that Mozilla actually does for the internet. Then you might feel a little better with this pay scale graph.
That all aside, this graph shows the market share of Mozilla when there were 5 browsers available to the vast majority of users, Internet Explorer, Firefox, chrome, Opera, and safari. It's also before chrome took over the market share from IE at the same time that it pushed out Firefox as the leading browser because chrome was available on the iPhone and was the default browser on Android devices. Hardly a surprise to see that when the internet exploded in users and literally every human being started to carry around a chrome device in their pockets that Mozilla Firefox's market share went down.
How much money do they actually spend on the development of Firefox? That's a figure I haven't been able to find. However, in 2023, they had $1.5 billion in assets.
The only justification for a high-paying CEO is if they need to coordinate some large scale fundraising effort - schmoozing with other rich fucks to gain further donations, and plotting elaborate strategies to get more donations.
They have $1.5 billion in assets. How much more do they really need? Need someone to manage Mozilla's assets? Make me the CEO. I'll do it for you. In fact, I'll do it for free. That will be my contribution to the Firefox project. I'll stick that $1.5 billion in simple bond and index funds and withdraw at a very conservative 2% rate. And that will provide $30 million a year to spend on developers to improve Firefox and other projects. And we can just keep doing that forever. I'll purposefully withdraw funds at a rate lower than the market averages, so the real value of the endowment grows over time. And that will allow us to slowly expand the scope of operations and start new projects. And while I won't spend any time or effort to schmooze and jet set across the country to kiss the ass of some billionaire, if one wants to throw some money in the pot, we'll have a donation button on the website.
What a self serving wank fest