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I’m sure you’ve all heard of Firefox just like you’ve also probably heard of Bing. But, who actually uses Firefox? Well, statistically speaking, Firefox has a 7.69% market share in the PC market which actually works out to 362 million users worldwide. This is likely surprising given that basically everyone and their mothers use Chrome or Safari. What’s even more surprising is that Firefox doesn’t come preinstalled like Microsoft Edge or Safari, so everyone who uses Firefox has gone out of their way to use it. Something that’s even more surprising than this is that Firefox is actually mostly funded by Google. In fact, $450 million out of the $500 million that Firefox pulled in last year was from Google. The official reasoning for this is that Google is paying Mozilla to make Google the default search engine on Firefox. But, if we take a closer look, it appears that this deal was built to protect Google from an antitrust perspective. This video explains the rise and appeal of Firefox and why Google is funding its competitor.

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Timestamps:
0:00 - Remember Firefox
2:07 - The Story Of Firefox
5:11 - Chrome Takeover
7:37 - The State Of Firefox
9:56 - Why Google Funds Firefox

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Disclaimer:
This video is not a solicitation or personal financial advice. All investing involves risk. Please do your own research.
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