So the Mozilla Foundation passes control of development over to a for-profit subsidiary, citing financial and tax reasons. Sounds a bit odd. I work for a non-profit and we would never turn development over to a for-profit, at least not directly. We would setup a for-profit subsidiary and license it the code to exploit commercially outside of the range of our non-profit charter. I’m thinking these boys either got bad advice or they aren’t explaining it very well. Either way, we’ll certainly be hearing more about this.
InformationWeek > Open Source, Mozilla > Mozilla Creates For-Profit Unit, But Insists It’s Not ‘Selling Out’ > August 3, 2005
“The Mozilla Foundation on Wednesday launched a for-profit subsidiary that will take over the development of the popular Firefox web browser and Thunderbird email client, but assured its supporters in the open-source development community that it wasn’t “selling out.”“