Mozilla is a for-profit Silicon Valley tech company that exists through the half a billion dollars or so it gets every year by enabling surveillance capitalists like Google to track people in their browser. This is hardly surprising to anyone who’s been paying attention in the past decade.
Not quite. The for-profit Mozilla Corporation is a fully owned subsidiary of the non-profit Mozilla Foundation. The corporation does exist to maximise profit for its shareholders, but its only shareholder is a non-profit foundation working for the public good.
It also only has around 1,000 employees (and 10,000+ volunteers), which hardly qualifies as "big tech" today.
It is true most of its revenue comes from Google, but also does a lot to prevent tracking so 🤷♂️
@Ben Francis @Aral Balkan @Thomas Fuchs 🕹️🔭😽 Let's sum it up: "The Mozilla corporation does exist to maximise profit for (... here the long chain of "transformations".....) for the public good"
The public good doesn't need any "maximal profit" to exist, but maximising profit almost always means that some human good is disregarded or exploited on this occasion.
And this whole process of profit-squeezing from startups pumped by VCs is just a typical tool for putting profit before values.
Anders Rytter Hansen
•Aral Balkan
•MiKlo:~/citizen4.eu$💙💛
•Aral Balkan
•#mozilla #ventureCapital #vc #BigTech #SiliconValley #surveillanceCapitalism #capitalism
Ben Francis
•It also only has around 1,000 employees (and 10,000+ volunteers), which hardly qualifies as "big tech" today.
It is true most of its revenue comes from Google, but also does a lot to prevent tracking so 🤷♂️
MiKlo:~/citizen4.eu$💙💛
•Let's sum it up: "The Mozilla corporation does exist to maximise profit for (... here the long chain of "transformations".....) for the public good"
The public good doesn't need any "maximal profit" to exist, but maximising profit almost always means that some human good is disregarded or exploited on this occasion.
And this whole process of profit-squeezing from startups pumped by VCs is just a typical tool for putting profit before values.