When’s the Firefox IPO?

If you thought Firefox – the Web browser – was doing well, check out the organization behind, the non-profit Mozilla Foundation, which reported via CEO Mitchell Baker’s blog it made a profit of $44.7-million in 2005. Most of the $52.9-million of revenue was made from “search engine relationships”, which means Google paid Mozilla a whack o’ cash for making it the default search box within Firefox, which has about 10% of the browser market. The profit will go into a “reserve fund” but you have to wonder how an organization that had operating costs of $8.2-million is going to deal with such a large amount money. Maybe it can purchase a bunch of those $100 PCs – or do they now cost $150? – or build some high-speed wireless networks in less-developed countries. For more check out, GigaOm.

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