I don't think Mozilla can make meaningful impact in a world where it doesn't make products that internet users want to use. It would be a largely toothless advocacy organization at that point.
1. Do project managers, product managers, etc. count, or only real managers with teams reporting to them?
2. Do urinals count, or only real sit-down toilets?
/s
Of course that doesn't always mean more people going at the same time as some people don't like urinating so close to someone else so the second spot goes unused, and some of us prefer to sit for a no.1 anyway unless in a rush.
However, I just checked my queue and couldn't see any.
Just pocket money though.
And as a non-profit entity, could they retain some profit they have as investment or cash somewhere. In case some day they run into negatives they could use those as reserves?
But at the end of the day, Mozilla need some very serious management restructuring, starting from the very top end. Having been a Netscape user from over two decade ago, I finally left Firefox. And if you follow their decision, mailing list etc, you can feel how bureaucratic they are. Slow response to market changes, completely lack of ( actionable )vision, often having completely unrealistic target. Extreme inefficiency in development of its product. And these aren't my thoughts or comment only, their are many ex mozillian employees who felt the same. We all thought Mozilla should have been a great company achieving far then then they are today.
I think people simply aren't aware that all the major revenue associated with the NFL goes through specific teams, which are normal taxable corporations. Humorously, people also aren't aware that they gave up their tax exempt status, so I'm not sure that decision was worth it.
Acquisitions happen when the stakeholders (founders, employees, and investors) don't think they will get the level of return on investment they will be satisfied with.
Even if they DO decide to sell, the case you describe (on the verge of being successful but requires money to get to that point) sell at a disclosed amount. Undisclosed amount mostly means the investors and founders are not proud of the result so they would rather just keep it private.
That's not the case anymore with this merger though, right? Pocket will now cease to make actual money.
Mozilla Corporation is a for-profit, taxable entity. Here are their articles of incorporation: https://www.mozilla.org/en-US/foundation/documents/articles-.... It is itself a wholly owned subsidiary of Mozilla Foundation, which is the non-profit thing that people call "Mozilla". The Foundation is really just a holding company. The thing that people call "Mozilla" that does all of the work is The Corporation.
- Instead of shareholders, nonprofits have members. Members don't own the corporation (no one does) but control it insofar that they hire-and-fire its directors.
- Memberships normally can't be sold, and nonprofits have no equivalent to dividends.
- There are stronger conflict-of-interest protections, preventing officers from signing cheques to themselves or otherwise using the corporation's resources for their personal benefit - at least without someone else's approval.
A typical setup for nonprofits is to tie memberships to being a director, so that current board members choose their own successors. This is known as a "self-perpetuating board".
These things are hard or maybe impossible in a non-profit (IANAL/correct me if I'm wrong)
Non-profits can make surplus revenues over costs and retain them; they can't return profits to shareholders or other particular beneficiaries.
Certain classes of nonprofits are restricted from certain business activities, or limited to certain activities. E.g., charities (501c3 nonprofits) must be organized and operated exclusively for purposes on an list of charitable purposes.
Regional differences may be relevant here: in Canada, you can incorporate a nonprofit corporation and later apply for charity status (which restricts the company's possible activities in exchange for a 0% income tax rate) but it's completely optional.
In the US, on the other hand, to the best of my knowledge, one has to establish a for-profit entity first and then apply to the IRS to recognize it as a charity (which is a lengthy process). The words "charity" and "nonprofit" are interchangeable in the US for that reason.
If the concept of a non-charitable nonprofit exists in your jurisdiction, you can get the benefits of a nonprofit structure (ie. no owners) without restricting the company's activities, minus tax exemption and being able to issue tax receipts.
For context: I founded a non-charitable nonprofit in Canada; I'm not super familiar with the US side of things so I'm happy to be corrected.
The US works similarly. You incorporate as a nonprofit, but you have to separately apply for tax-exempt status afterwards. If you don't, you're a nonprofit without the benefits of being tax-exempt.
That Mozilla is a Corp owned by a not-for-profit isn't the real thing anymore (ie not what people may believe, not that they have any obligation beside following the rule of law) - it just frees the Corp from having to report to random share holders - instead, the Corp and the Org self-select a Board of directors that they report to.
At the end of the day, it's otherwise now similar to many corporations.