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[2023] Mozilla and Gary Vee fund cryptocurrency company Webacy (www.coindesk.com)
submitted 17 hours ago* (last edited 11 hours ago) by LWD@lemm.ee to c/firefox@lemmy.ml
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Gary Vee is a notorious ~~grifter~~ NFT salesman with a checkered past.

Webacy is a cryptocurrency wallet "technology layer" that "provides security features" like password backup, "digital wills", etc.

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[-] gedaliyah@lemmy.world 23 points 17 hours ago

So we are doing AI and Crypto, but shutting down Mozilla.social?

Cool. Cool, cool, cool, cool.

[-] Blisterexe@lemmy.zip 9 points 13 hours ago

This article was released in febuary 2023

[-] LWD@lemm.ee 8 points 15 hours ago* (last edited 15 hours ago)

Mozilla genuinely believes that this company follows the principles of the Mozilla Manifesto. At least, according to what Mozilla.vc says on its homepage.

(See more of the $35 million of its investments there.)

Other investments include:

  • Rodeo, an app that acknowledges the Gig Economy is harmful to Uber and Lyft drivers, but fundamentally doesn't want to change those harms.
  • HuggingFace, a company valued at $4.5 billion already.
  • lockrMail, an "inbox protecting" tool with a Chrome extension but no Firefox equivalent, and a direct competitor to Firefox Relay.
this post was submitted on 19 Sep 2024
41 points (83.6% liked)

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