A Mozilla IPO?
Jan 05, 2008, 01:00 (2 Talkback[s])
Silicon Alley Insider: The Mozilla/Firefox IPO
"In the past few years, Mozilla's open-source Firefox browser
has done what most people would have considered impossible, which
is chip away at Microsoft's choke-hold on the browser market.
Considering Microsoft's advantages in this market--Internet
Explorer comes pre-installed on nearly every PC--this is nothing
short of amazing.
"Estimates of Firefox's current penetration vary, but most put
the browser's share at more than 15% (with 100 million+
downloads)..."
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Story
Silicon Alley Insider: The Mozilla-Firefox IPO Debate, Part 2:
Mozilla Responds
"Mozilla COO John Lilly responded to our earlier post and said
the Mozilla Foundation does not plan to take Mozilla Corp. public.
This is not a surprise: As we noted earlier, Mozilla Foundation
head Mitchell Baker has maintained a similar stance for years.
"John and Mitchell are obviously entitled to their opinions, and
we respect both (the opinions and the people). As officers in the
entity that owns 100% of the stock of Mozilla Corp, John and
Mitchell also currently control the company's future, so all IPO
debate at this point is moot..."
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Between the Lines: Should Mozilla Go Public? In a Word:
No.
"Hmmm. Is Blodget having dot-com boom fantasies again? Maybe
not--although renaming a company after a dead brand like Netscape
doesn't make sense. Dead brands rarely come back. WordPerfect?
Pan-Am? Indeed, Mozilla could build a nice business--in fact you
could argue that it already has. But that
doesn’t mean it should go public..."
Complete
Story
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