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A comment on Brave lays off 9% of its workforce. Parent comment

Re:Brave lays off 9% of its workforce by iteratethis on Saturday October 07, 2023 @10:57AM (#37802236)
What is the difference between Brave taking Venture and Mozilla being subsidized by the ultimate enemy of privacy, Google?

Mozilla has defunded Firefox, allows for no way to directly donate to Firefox development, and now writes activist blogs.

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Re:Brave lays off 9% of its workforce by AndrewKemendo on Saturday October 07, 2023 @11:50AM (#37802706)
History

We know what Mozilla will do with it - not ideal but it's the devil we know

We have no idea what Brave will do with it

My personal heuristics around VC backed companies (Having been a CEO with venture backing, an LP in a venture fund, a director in a publicly traded company etc...) is the following:

There do not exist PE backed companies that will take actions that conflict with an even theoretical reduction in potential ROI.

Leaders lose long term control of their companies to VC the moment they sign the term sheet

So I have zero faith that anyone who aligns themselves to profit making, will not harm either the customers or the employees that are involved in favor for the people providing the capital.

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