alt Hacker NewsWith 1.3b in reserves, it's enough for funding development for many years to come if they fire most of management and close irrelevant to the browser things.
With 1.3b in reserves, it's enough for funding development for many years to come if they fire most of management and close irrelevant to the browser things.
It would be organizational suicide to spend down their endowment just because they can. Right now it exists as a firewall to buy them some time in the event that search licensing goes away, which I think is exactly what they should have done with it.
And it's been talked to death before but the idea that the browser side bets are at some prohibitive cost is an unsubstantiated myth, conjured into existence by vibes in comment sections. It's the HN equivalent of American voters who think foreign aid is 50% of the federal budget.