Comment by blindriver

Comment by blindriver 3 days ago

3 replies

Because they are a non-profit, they have to spend their money every year. That’s why Mozilla is/was over employed and following all these projects that die, because they need these engineers to work on something.

My friend worked at Mozilla 15 years ago, arguably during their golden years and he said it was a joke how much money they wasted because they had to spend it.

dontTREATonme 3 days ago

That’s not how NFPs work. I’m on the board of a NFP, we absolutely are able to save money year to year. The big difference between us and a regular corp is we don’t have shareholders or paid board members.

  • blindriver 3 days ago

    I wasn’t clear. Mozilla was making > 400M from the Google deal. They needed to spend most of the money otherwise why would they be a nonprofit. So they would spent the vast majority of it on boondoggles, lots of all-hands in expensive locations, $400k salaries etc.

    • dontTREATonme 2 days ago

      There are many NFPs with multi-billion dollar endowments, I don’t really understand this line of reasoning…