So there's a comment from the CEO here:
https://answers.thenextweb.com/s/mitchell-baker-aGY62z"Please explain how your salary of $2.5 million couldn't be put to better use as part of Emerging Technology's budget?"
"Executive compensation is a general topic -- are execs, esp CEOs paid too much? I'm of the camp that thinks the different between exec comp and other comp is high. So then i think, OK what should mozilla do about it? My answer is that we try to mitigate this, but we won't solve this general social problem on our own.
Here's what I mean by mitigate: we ask our executives to accept a discount from the market-based pay they could get elsewhere. But we don't ask for an 75-80% discount. I use that number because a few years ago when the then-ceo had our compensation structure examined, I learned that my pay was about an 80% discount to market. Meaning that competitive roles elsewhere were paying about 5 times as much. That's too big a discount to ask people and their families to commit to."
No self awareness that rather than getting rid of people building interesting products, they don't realise that they should get rid of themselves and other executives.
Firefox has been on a downward trajectory in marketshare for the last 5 years. And they've struggled to reduce their reliance on search engine deals by creating other revenue streams.
They're all failures and have no self awareness.
Effectively answering: We've all got ferraris and McMansions to pay off
"Please explain how your salary of $2.5 million couldn't be put to better use as part of Emerging Technology's budget?"
"Executive compensation is a general topic -- are execs, esp CEOs paid too much? I'm of the camp that thinks the different between exec comp and other comp is high. So then i think, OK what should mozilla do about it? My answer is that we try to mitigate this, but we won't solve this general social problem on our own. Here's what I mean by mitigate: we ask our executives to accept a discount from the market-based pay they could get elsewhere. But we don't ask for an 75-80% discount. I use that number because a few years ago when the then-ceo had our compensation structure examined, I learned that my pay was about an 80% discount to market. Meaning that competitive roles elsewhere were paying about 5 times as much. That's too big a discount to ask people and their families to commit to."
No self awareness that rather than getting rid of people building interesting products, they don't realise that they should get rid of themselves and other executives.
Firefox has been on a downward trajectory in marketshare for the last 5 years. And they've struggled to reduce their reliance on search engine deals by creating other revenue streams.
They're all failures and have no self awareness.
Effectively answering: We've all got ferraris and McMansions to pay off