alt Hacker NewsThey don't really need money. Look at Mozilla's CEO compensation for example. It was 7 million USD in 2022. Seven. Million. For ruining a bastion of the open internet.
The problem is the MBAs.
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multiple things can be true at once.
is that too much money for one person? well, apparently it depends on who do you ask. and even if the board members who approved it might thought it's too much, it still could have been cheaper than to fire the CEO and find a new one and keep Mozilla on track.
CEO compensation is usually a hedge against risks that are seen as even more costly, even if the performance of the CEO is objectively bad.
https://www.ecgi.global/sites/default/files/working_papers/d...
framing Mozilla/Firefox as some kind of bastion is simply silly - especially if it's supplied by the gigantic fortress kingdom of G, and makes more money on dividends and interest than on selling any actual products or services.
it's a ship at sea with a sail that's too big and a rudder that's unfortunately insignificant.
but whatever metaphor we pick it needs to transform into a sustainable ecosystem, be that donation or sales based.
It's a git repo. They don't need employees besides a few programmers
It still seems obscene to me that anyone at a non-profit, that begs for donations and volunteers, makes 7 figures.
(Yes it's technically a company, but it's a company owned by a non profit.)