this post was submitted on 25 Oct 2023
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[โ€“] JulyTheMonth@lemmy.ml -3 points 1 year ago (1 children)

You say that like it is any better.

A non-profit that owns a for-profit company is very well not realy non-profit. Just because all their profit is made by one of their subsidaries? And yet mozilla stand itself on some kind of moral highground.

[โ€“] kirklennon@kbin.social 6 points 1 year ago

A non-profit that owns a for-profit company is very well not realy non-profit.

All of the profit of the subsidiary goes to the nonprofit parent, in furtherance of its nonprofit mission. The subsidiary doesn't exist to make anybody rich but just to earn (taxable) income for the parent.