Reply to post: Weird play, but OK

Mozilla Foundation launches ethical venture capital fund

Anonymous Coward
Anonymous Coward

Weird play, but OK

So they still have a pile of cash that they are watching slowly disappear, so they are going to invest it in startups with a clearer road to profits.

Not totally crazy, but they should be crystal clear where that money came from. People might get cranky. But both Mozilla and Apache have fostered projects that have had a real impact, so the clearly have at least some eye for this stuff. My initial reaction was to worry this was an excuse to drain what was left of the warchest and shunt it to the friends of the current management, but looking at the list of companies, I have to say this may be a good play.

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