It's a good thing that Mozilla is profitable, because the open-source foundation would likely struggle to get venture funding.
For any Sand Hill venture capitalist, Mozilla fails to tick any of the correct boxes. While it does have a world-class development organization, Mozilla also relies on an external, unpaid workforce to contribute up to 40 percent of its code. Also, 88 percent of its revenues come from one source, Google, which also happens to be a competitor.
Speaking of competitors, it has three big ones--gargantuan ones. Google, Microsoft, and Apple. Tell a VC that you want to go up … Read more