They invest the vast majority of their resources in Firefox. And they have had some incredible successes: Rust, Let's Encrypt ...
> How can somebody like Mitchell Baker be making millions of dollars a year while simultaneously seeing Firefox market share drop to damn near zero?
Maybe there was no realistic way to do better. Maybe thanks to Baker, Mozilla still exists.
With Firefox market share plummeting, and little prospect for competing with Google on a free commodity product, Mozilla needed and needs to find other products and not just watch the ship go down.
What's your solution? Do you really think they could make Firefox so good that the non-technical public would go through the effort of dropping Chrome, despite Google's enormous marketing advantage?