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The Guardian - UK
The Guardian - UK
Technology
Jack Schofield

You do the work, Mozilla banks the money

Firefox is open source, of course (based on the opening up of old Netscape code), but the company behind it is banking tens of millions of dollars a year from Google. The New York Times has some interesting details:

According to Mozilla's 2006 financial records, which were recently released, the foundation had $74 million in assets, the bulk invested in mutual funds and the like, and last year it collected $66 million in revenue. Eighty-five percent of that revenue came from a single source -- Google, which has a royalty contract with Firefox.

Despite that ample revenue, the Mozilla Foundation gave away less than $100,000 in grants (according to the audited statement), or $285,000 (according to Mozilla itself), in 2006. In the same year, it paid the corporation's chief executive, Mitchell Baker, more than $500,000 in salary and benefits. (She is also chairwoman of the foundation.)

Ms Baker, a lawyer who has worked for Silicon Valley companies since the mid-1990s, said her compensation "is yet another example of Mozilla as a hybrid," adding that it made her "a poor stepchild, not even," compared to the leaders of other equally influential Silicon Valley companies.



Poor Ms Baker. Google's co-founders are worth about $20 billion each and even their masseuse is a multimillionaire....

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