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Comment by yoasif_ | Hacker News Reader

> But I don't think you can dispute the basic point here - there is a huge honeypot here to attract people with bad intentions, and they have failed to use it to promote any useful aims given the magnitude of the amount involved.

They may attract people with good intentions as well - or do you have to be starving to be pure of heart?

PS: I don't see how they haven't promoted "any useful aims" - Firefox continues to exist, Rust exists, Let's Encrypt exists, and they are healthy. Those seem like promotions of useful aims.

>The foundation is failing at its goals, they shouldn't be trying to make a profit.

Profit is just what is left over after what needs to be paid for is spent. Would you rather they have no money left at the end of every day? How do you imagine that that works?

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> They may attract people with good intentions as well - or do you have to be starving to be pure of heart?

In the open source world? If they needed a billion dollars to get people doing good work the whole thing would have collapsed in the 90s. That is the theme I'm going with - order of magnitude 3 OSS projects for a billion dollars is such a bad project/$ ratio that there is no way the Mozilla Foundation will turn out to be competent and honest. If you go to the wiki page [0] you can see a somewhat limp list of second rate projects that nobody uses. They are lousy stewards. They started with an impressive product.

Firefox with 30% market share and enough money was much more effective at getting useful results than the Mozilla Foundation with a billion dollars. People with good intentions will be trying to copy that old project that worked, not the modern Foundation that is floundering. It is unlikely they are attracting competent well-intentioned people or we'd be seeing better results. Their management is no good.

[0] https://en.wikipedia.org/wiki/List_of_Mozilla_products

That's exactly what the government wants a charity to do not create reserves. It would make sense to spend that money on increasing market share through advertising.

Do you have any guidance on this?

The UK seems to disagree, for example: https://www.gov.uk/government/publications/charities-and-res...

You'll notice that that document has a concept of reserves that are 'too high' - see for example section 4.2 the heading "Where a charity’s reserves appear to be too high ".

I looked up Let's Encrypt on Wikipedia by the way because I didn't remember that being a Mozilla thing - they don't appear to come under the umbrella of the Mozilla Foundation financially and their budget is $3.6 million according to the sidebar, and a literal rounding error if we stick to integer percentage points of Mozilla's revenue.

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