alt Hacker NewsWell, they have over a billion in the bank. Which is both a ton of money, but also goes away quickly when you're a large company paying lots of money to salaries.
Well, they have over a billion in the bank. Which is both a ton of money, but also goes away quickly when you're a large company paying lots of money to salaries.
So if you have a billion in the bank, you can collect 5% return and never touch the money. So you get $50m a year to pay enough engineers to make a browser.
That's plenty of money if they recognize they need a super lean company with 0 bloat and a few highly paid experts who focus on correctness and not bullshit features.