Hacker News new | past | comments | ask | show | jobs | submit login

Source?



I think, he was mostly joking, but it might actually be the case. Sounds like they want to keep the Pocket company intact as it is, just as a wholly-owned subsidiary of the Mozilla Corporation and with everything open-sourced. So, Pocket as a company should continue to try to make a revenue and if they do, that revenue goes upwards into the Mozilla Corporation (and from there upwards into the Mozilla Foundation, if the non-profit nature allows it).

There's also Callahad commenting in this thread, who, as far as I'm aware, is a Mozilla employee. And well, he sort of confirmed that this is a move to diversify Mozilla's income streams:

>bearcobra 12 hours ago [-]

>Does this mark a strategy shift away from search revenue as the primary funding source? A quick crunchbase search for other aquicisions by Mozilla yeilded nothing, so I'm curious if there are other examples of them buying up for-profits.

>>callahad 12 hours ago [-]

>>Mozilla is actively working to diversify its sources of funding; the greatest step in that was when we switched from a global default of Google search to smaller, regional deals with Yahoo, Google, Yandex, and Baidu toward the end of 2014.


There were references elsewhere in the thread to comments by Mozilla staff directly, so it appears this is true.




Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: