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[News] Funding for Free Software and Savings Question Too

  • Subject: [News] Funding for Free Software and Savings Question Too
  • From: Roy Schestowitz <newsgroups@xxxxxxxxxxxxxxx>
  • Date: Thu, 04 Feb 2010 10:50:52 +0000
  • Followup-to: comp.os.linux.advocacy
  • Newsgroups: comp.os.linux.advocacy
  • User-agent: KNode/4.3.1
Hash: SHA1

Startup, Know Thyself: Q&A With Sierra Ventures Managing Director Tim Guleri

,----[ Quote ]
| ECT: If I were an open source vendor, would 
| I have a leg up in getting considered for a 
| VC money award?
| Guleri You would have a major step up over 
| others if you were an open source company. 
| Open source used to be a bit of a 
| misunderstood business model. Now it is 
| something that has picked up good momentum 
| and is something that VCs love to see.
| ECT: Are you seeing more requests from open 
| source startups, or is that still a sparse 
| field?
| Guleri: It's still a sparse field, and 
| that's a good thing because every 
| discipline, be it software or hardware or 
| data center, has an open source project 
| that knocks them to death. So consequently, 
| what happens is that the customers are not 
| getting a value from a closed source like a 
| McAfee or Microsoft (Nasdaq: MSFT). They 
| would rather look for an open source 
| company. And when that open source company 
| gets to scale, then that open source 
| company will come looking for money. So 
| that field hasn't become over-crowded. 
| There are only a handful of companies that 
| have reached commercial status following 
| open source


How open source tears down proprietary advantage

,----[ Quote ]
| Slowly.
| Open source doesnât overwhelm a proprietary system. It whittles away 
| at its lead, slowly and sometimes unsteadily. Itâs the old Aesop story 
| of the tortoise and the hare, and open source is the tortoise.


We need a new kind of economy

,----[ Quote ]
| For example, no traditional economist or policymaker could 
| have predicted or planned for the open source revolution. 
| "Ordinary people" make these things happen and they must be 
| encouraged to do so in ever greater numbers and ways.


Why open source is health reform

,----[ Quote ]
| Thatâs why open source is health reform. Unlock a high enough 
| flood of data and mere arguments will be blown away. Show people 
| their own data, explain what it means, and people will demand 
| the services needed in order to live and not just get well.

Version: GnuPG v1.4.9 (GNU/Linux)


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