![]() ![]() Opera isn’t exactly knocking the ball out of the park. I’d love to be more optimistic, but Netscape got creamed. If Thunderbird had more traction perhaps Mozilla would have legs as a public company, but the browser business is best kept private. You think Firefox can be weighty now? Just wait until Mozilla would have to monetize it. As a public company it would be distracted and the product would suffer. There’s a reason Mozilla has been successful: All it has to do is herd a bunch of volunteer developers and create a good product (that’s a gross simplification). Press sniping because you missed a made up revenue target by $50,000. And all the financial reasoning aside–and Blodget provides a lot of good points–it’s unclear that Mozilla could keep its mojo as a public company. But that doesn’t mean it should go public.Īs currently constituted Mozilla has one customer really–Google ( GOOG). WordPerfect? Pan-Am? Indeed, Mozilla could build a nice business– in fact you could argue that it already has. Is Blodget having dot-com boom fantasies again? Maybe not–although renaming a company after a dead brand like Netscape doesn’t make sense. And for good measure Blodget says that Firefox should buy the Netscape brand and rename the company. While acknowledging the perils of going public– primarily Sarbanes-Oxley costs–Blodget says that Mozilla could build a nice business simply by slapping an ad or two on the default landing page. At least that’s Henry Blodget’s theory.īlodget argues that Mozilla could be worth a lot on the public market and may go public this year or next. Mozilla, the organization behind Firefox, should go public, cash in on its browser success and grab more resources to fight Microsoft ( MSFT). ![]()
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