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Building an open source business
,----[ Quote ]
| In 2002 I was working for Oculan, a company
| that founded an open source network
| management application platform called
| OpenNMS. Oculan used this platform as the
| basis for a network management appliance,
| but my job was to create a services and
| support business around the platform itself.
|
| In May, just after the release of OpenNMS
| version 1.0, Oculan got new investors, who
| decided to focus on the appliance and to
| stop working on OpenNMS.
|
| I knew that without at least one person
| dedicated to OpenNMS it would die, and I
| wasn't ready to give up on it. So I went to
| the CEO and asked to become the
| administrator of the project. We talked for
| a bit, and then he looked at his watch and
| said that if I was off his payroll by
| Friday, he'd give me a couple of servers,
| the OpenNMS domain names, and his blessing
| to continue on with OpenNMS.
|
| [...]
|
| In conclusion, I should add that the first
| year I spent as the admin of OpenNMS cost me
| $5,000 of my savings. I've made money every
| year since then, and currently the
| commercial arm of the project has a dozen
| employees in three countries and seven-
| figure revenues. Oculan closed its doors in
| 2004.
|
| Open source isnât just a good design
| philosophy; itâs good business.
`----
http://opensource.com/business/10/3/building-open-source-business
Recent:
Acquia 2009 retrospective
,----[ Quote ]
| Yesterday I shared my 2009 retrospective on Drupal along
| with some predictions for 2010. Today, I want to reflect
| on Acquia's 2009, as for obvious reasons, Acquia has been a
| big part of my life in 2009.
|
| [...]
|
| To deliver on the vision outlined in our roadmap, we
| had to raise more money -- no small thing given the
| downturn in the economy. Instead of reserving cash,
| Tom and I went out and raised an additional $8 million
| dollars in Series B funding, bringing our total funding
| to date to $15 million USD.
`----
http://buytaert.net/acquia-2009-retrospective
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