this post was submitted on 23 Nov 2024
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Not likely. Mozilla had $1,321,539,000 in total assets -- roughly half a billion dollars of which was in "cash and cash equivalents" -- in their last (2022) audited financial statement: https://assets.mozilla.net/annualreport/2022/mozilla-fdn-2022-fs-final-0908.pdf
Y'know, you're right & that's wild. I guess I should have known, but didn't assume that they have like 600m in unrelated investments. Though the burn rate is quite a lot too, so they probably would scale back browser dev a lot if it lost its profitability & become a pure VC kinda org