Sectorgame

Yep, Mozilla has went corporate.

http://www.mozilla.com/

Don't know if it's a good sign or a bad one.

This happened a while back. It just means that they created a corp to do all the publicity etc work for mozilla (stuff that was being done in a less formal way previously).

It's open souce so it's not like they can suddenly start charging for it without a large number of people simply forking it and keeping it free.

Although the Mozilla foundation, which owns the corporation, is wholly non-profit.

Although non-profit doesn't really mean non-profit. This site sums it up quite nicely. The corporation simply can't issue shares, and you don't really 'own' any assets your company has. You can still earn profits though, so the name is a bit misleading. The main reason for Mozilla going nonprofit corporation like this is probably the tax exemptions it now gets.

Kopax wrote:Although non-profit doesn't really mean non-profit. This site sums it up quite nicely. The corporation simply can't issue shares, and you don't really 'own' any assets your company has. You can still earn profits though, so the name is a bit misleading. The main reason for Mozilla going nonprofit corporation like this is probably the tax exemptions it now gets.

Yeah, but look at what you can't spend profits on; namely any form of performance related financial incentive like share dividences or bonuses - it can only be used for regular operating expenses or reinvested in the business.

aldo wrote:Yeah, but look at what you can't spend profits on; namely any form of performance related financial incentive like share dividences or bonuses - it can only be used for regular operating expenses or reinvested in the business.

You can also spend it on increased salaries

But only 'reasonable salaries are allowed'.