Earlier quoted context omitted.
Remember Mozilla is ultimately a non profit and must spend a healthy percentage of their income every year. Mozilla is just representing the collective self interest of those it employs. People wanting to keep their cushy job.
Remember Mozilla is ultimately a non profit and must spend a healthy percentage of their income every year. And Harvard has a multi-billion dollar endowment that they hoard. Mozilla is doing it wrong.
Harvard endowment is so huge for two reasons: (1) fundraising, (2) earning more than 5% per year for long, long, long time. But they still must spend 5% per year of their massive endowment.
Running a non-profit with only an endowment (no fund-raising) for more than 20 years with is hard to do.