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Mozilla lays off 70

(techcrunch.com)
929 points ameshkov | 1 comments | | HN request time: 0s | source
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dman ◴[] No.22058629[source]
Brendan Eich has a helpful chart of Compensation of Highest paid executive at Mozilla vs Firefox market share over time.

https://twitter.com/BrendanEich/status/1217512049716035584/p...

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bearcobra ◴[] No.22059453[source]
This chart feels a bit disingenuous given that Mozilla's form990s show Eich's salary tracking along basically the same line until his departure in 2014.
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Blake_Emigro ◴[] No.22060063[source]
It also doesn't take into consideration revenue growth, which according to the corporation's Wiki page grew much faster and higher in multiples than her salary.

As well, according to the same Wiki, "There will be no shareholders, no stock options will be issued and no dividends will be paid." It would be a bummer to run a company of that size, be dedicated to it for so long, and not have any stake in it. Imagine her opportunity cost...

https://en.wikipedia.org/wiki/Mozilla_Corporation

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1. t-writescode ◴[] No.22060201[source]
Why? Becoming a publicly traded company comes with assumed responsibilities to make a profit; and, at least in the United States, an assumption that you should reduce your morals for the express purpose of turning a profit, lest your board of directors kick you out for someone that will.

There are greater goals, especially for a company like Mozilla, than making lots of money.