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1. wbl+(OP)[view] [source] 2024-03-01 17:34:12
No. MozCo is for profit owned by Mozilla Foundation which does additional things to satisfy the IRS and has been that way since the begining.
replies(2): >>dragon+l >>wkat42+71
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2. dragon+l[view] [source] 2024-03-01 17:36:21
>>wbl+(OP)
That's the same basic structure, on paper, as OpenAI, it didn't “switch to for-profit” in terms of taking the nonprofit entity and converting it to a for-profit.
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3. wkat42+71[view] [source] 2024-03-01 17:39:56
>>wbl+(OP)
Not since the beginning. They made it that way after beef with the IRS.

I wish they hadn't because they are thinking too commercial (extremely high paid CEO) for instance but they have a foundation to answer to which doesn't manage them like shareholders would (eg not rewarding the CEO for dropping marketshare!). This model is the worst of both worlds imo.

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