I think I’ve written this before, but back in their heyday, # was flying high, driven by the funds coming from its search deal with # When the GOOG started to cut back and then launched a competing browser, Moz panicked (rightly) because all the high-sounding promises they made were predicated on this huge level of funding that went away.

Now that # holds a small sliver of its former market share, and nearly all of its competitors build upon Google’s code (which forked from Apple’s code, which itself was forked from KDE’s code), the going is rough and getting rougher.