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