Due to increased consolidation of influential websites on the internet (like Google and Facebook scrapping content from other sites) the quality of the web has arguably decreased. To stymie this corporatization of the internet, the makers of Firefox, Mozilla, have decided to launch a fund to create companies that make the internet a better place. This is sorely needed in a time of media concentration and influence.
â€œThe mission of this incubator is to catalyze a new generation of internet products and services where the people are in control of how the internet is used to shape society,â€ said Bart Decrem, a Mozilla veteran (think Firefox 1.0) and one of the principals at the Builders Studio. â€œAnd where business models should be sustainable and valuable, but do not need to squeeze every last dollar (or ounce of attention) from the user.â€
â€œWe think we are tapping into the energy in the student and professional â€˜builder communitiesâ€™ around wanting to work on ideas that matter. That clarion call really resonates,â€ he said. Not only that, but students with canceled internships are showing up in droves, it seems â€” mostly computer science, but design and other disciplines as well. There are no restrictions on applicants, like country of origin, previous funding, or anything like that.