There’s been a bit of speculation today about Mozilla on Silicon Alley Insider (and NYT blog), and I’d like to set the record straight.
Irrespective of financials, Blodget is wrong about the desire and intent of Mozilla to do any public offering of stock. Mitchell’s written about this many times at great length: the work we do in the Mozilla project is a public asset (and a followup article, too). It’s the wrong thing to do ethically, but aside from that, selling shares of Mozilla would make it hard (or maybe impossible) to pursue our mission and goals.
We’ve said this before on the record and we’ll reiterate categorically that there’s no intent or desire to do a public offering, no plans to do so, and an overwhelming sentiment here that to do something like this would fundamentally undermine what Mozilla is about.
“The former Internet-stock analyst, who was barred from the securities industry, takes a look at Mozilla”It seems that Blodget isn’t exactly a qualified person to make such a prediction.
“The former Internet-stock analyst, who was barred from the securities industry, takes a look at Mozilla”
It seems that Blodget isn’t exactly a qualified person to make such a prediction.