Web standards are hideously complicated to implement, and browsers are hideously difficult to charge for. That doesn't make for a viable business.

Unless they become a volunteer based effort -- which is unlikely, given the hideous complexity of implementing web standards -- they don't have a way to fund things.

This is why I've repeatedly spoken against the unapproachable complexity of web standards. They effectively turn the web into a corporate walled garden for megacorporations, because they're too complicated to implement affordably.