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PC Week: Red Hat's 'unquiet' CEO focuses on a software revolution

Sep 13, 1999, 21:43 (0 Talkback[s])
(Other stories by Scott Berinato)

"Bob Young, CEO of Red Hat Software Inc., has emerged from his company's post-IPO "quiet period" with a stock price of 110 and a company valuation exceeding that of Novell Inc. Not bad for a company that began its initial public offering last month at a mere $14 per share. But now the bigger question looms: Can Red Hat execute?"

"All revolutions require a partnership between the people at the barricades and the capital markets that will fund and support them. In the American Revolution, we think about Patrick Henry and all that, but it was the New England merchants that fueled the revolution. We now have the resources to drive this 'revolution.' We've opened Japanese and European offices and a big California office. Geographic expansion is important to us. But we will scale through internal growth and acquisition of resources where we don't think we can grow them internally."

"This term "Linux community" and the implication to outsiders that the community is cohesive -- it has never been cohesive. It is, far and away, the most argumentative, acerbic group I have ever had the misfortune to be a part of. But don't get me wrong. That has been good for the technology. It's a community that values the truth and values engineering excellence over marketing and compromise."

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