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Re: Open Source and Money: Not an Oxymoron

__/ [John Bailo] on Tuesday 14 February 2006 03:32 \__

> Roy Schestowitz wrote:
>>
http://news.com.com/2110-7344_3-6038761.html?part=rss&tag=6038761&subj=news
>> 
>> MySQL lands $18.5 million in third round (February 13, 2006)
>> 
>> "Open-source database company MySQL said it has secured $18.5 million in
>> series C funding, a round led by Institutional Venture Partners. The total
>> venture investment in the company, which has operations in Sweden and
>> Cupertino, Calif., is about $39 million."
> 
> That's great...I'm really surprised at the lack of opportunity for the
> public to directly invest in Open Source products and companies.
> 
> I'm heavily into NOVL but I'd love to buy mySQL.
> 
> Perhaps we need a new form of "Open Investing" where people can
> participate in some new online system for funding these efforts (and
> make money in return).

I suspect that the best opportunity for contribution is by bug reporting or
offering skills through paid employment. The projects need time and rigour
to mature. Investors have their own agendas, which often lead to poor touch
with the end-user (c/f Google IPO).

Roy

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