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I feel like I've been consistent throughout by evaluating costs as a percentage of revenue. That’s the actual denominator Mozilla uses when allocating its budget. There’s no switch or sleight of hand happening here. One percent of revenue is one percent of the available operating budget.

It seems like you've changed your framing entirely. Your original point was that CEO pay is significant because it's 20 percent of net earnings. That implied this metric better captured the weight of the cost. But now you’ve moved to a different argument, comparing the CEO’s compensation to individual developers and bringing in a shareholder-return perspective. These are entirely separate lines of reasoning and don’t follow from the point you started with.

Also, Mozilla doesn’t have shareholders? So the idea that the CEO should be compensated in a way that maximizes shareholder earnings doesn’t really apply. Mozilla’s spending decisions should be judged in terms of how well they serve its mission, not whether they increase a surplus that could be distributed to hypothetical owners.

I’m not even necessarily defending the CEO pay on its own. I just don't think you can make the case that it crippled their ability to work on needed features, and I think the logic you’re using has shifted in a way that doesn’t hold up when applied to Mozilla’s actual structure or purpose.



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