I get what you're saying, but the reality is that it takes more than engineers to run a browser company. You'd have to find 100 engineers who can double as lawyers, designers, project managers, etc., and handle payroll, and HR, and after those 100 engineers end up doing the job of 300 other people, how much code are they writing? Your point about them appearing to waste money is taken, I'm just pointing out that it's not quite as bald-faced as that.