> It's tragic how mismanaged it is.

Is it mismanaged? Sure, they spend a fair amount on administration. Sure, they spend about 10% on Mozilla Foundation stuff. But they still spend ~2/3 of revenue on software development.

And they're somewhat stuck between a rock and a hard place.

If they try to evolve their current platform, power users bitch. If they don't evolve their current platform, they lose casual users to ad-promoted alternatives (Chrome and Edge).

And they don't really have the money to do a parallel ground-up rewrite.

The most interesting thing I could see on the horizon is building a user-owned browsing agent (in the AI sense), but then they'd get tarred and feathered for chasing AI.

Part of Mozilla's problem is that the browser is already pretty figured out. After tabs and speed and ad blocking, there weren't any killer features.