Home Messages Index
[Date Prev][Date Next][Thread Prev][Thread Next]
Author IndexDate IndexThread Index

[News] Red Hat Unique Among Free Software Vendors

  • Subject: [News] Red Hat Unique Among Free Software Vendors
  • From: Roy Schestowitz <newsgroups@xxxxxxxxxxxxxxx>
  • Date: Tue, 15 Jun 2010 23:28 +0100
  • Followup-to: comp.os.linux.advocacy
  • Newsgroups: comp.os.linux.advocacy
  • User-agent: KNode/4.4.2
Hash: SHA1

There may never be another Red Hat but that is OK

,----[ Quote ]
| When you put it that way Red Hatâs success 
| becomes even more remarkable. No one has to 
| pay an open source software company for its 
| code. If a pure open source company is only 
| one that depends on voluntary code payments 
| for its bread, then getting $800 million of| such 
| payments a year is pretty amazing.


The open-source entrepreneur

,----[ Quote ]
| Bob Young is a self-confessed contrarian with 
| a strong desire to change the world by 
| allowing people to share and collaborate. The 
| approach has served him well and has helped 
| turn the Canadian into a multi-millionaire.
| From the outset, his software company Red Hat 
| bucked the trend set by the big players like 
| Microsoft which stubbornly guarded every line 
| of code and charged whopping fees to maintain 
| it.



There Will Be Multi-Billion Dollar Open Source Companies

,----[ Quote ]
| With Benchmark's backing, Red Hat actually did
| have about a $5 billion market capitalization
| upon its IPO, and then that valuation settled
| down along with the rest of the market for
| technology companies. There will be open source-
| focused companies with multi-billion dollar
| market caps. There will be better times for
| technology companies. There will be inflated
| perceptions of technology stocks again. These
| things go in cycles, and my bet is that
| Whitehurst knows that his company stands a great
| chance of becoming a multi-billion dollar,
| public open source-focused leader.

Version: GnuPG v1.4.10 (GNU/Linux)


[Date Prev][Date Next][Thread Prev][Thread Next]
Author IndexDate IndexThread Index