Firefox/Mozilla is NOT going to IPO — here’s why

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.

2 Comments

  1. 1. 
    Posted January 3, 2008 at 3:08 pm | Permalink

    “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.

  2. 2. 
    Posted January 3, 2008 at 4:08 pm | Permalink

    “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.

5 Trackbacks

  1. By pseudotecnico:blog » IPO Mozilla? on January 4, 2008 at 4:51 am

    [...] sono arrivate le smentite lato Mozilla (oppure quella di John Lily, Chief Operations Officer in Mozilla). We’ve said this before on the record and we’ll reiterate [...]

  2. [...] theory has been dismissed by Mozilla COO John Lilly as well as the likes of Larry Dignan and Glyn Moody. Lilly best sums it up with the following [...]

  3. [...] Mozilla won’t IPO, it could face more defections of top talent over time. CrunchBase Information Mike Schroepfer [...]

  4. [...] MozillaにはIPOを行う予定はないので、これからも才能あるトップの人材離脱が出る可能性もありそうだ。 CrunchBase Information Mike Schroepfer Information provided by CrunchBase [...]

  5. [...] Mozilla won’t IPO, it could face more defections of top talent over [...]