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DesktopLinux.com: A conversation with Ga�l Duval, founder of Mandrake Linux

Feb 13, 2002, 05:28 (6 Talkback[s])
(Other stories by Rick Lehrbaum)
DesktopLinux.com: How is MandrakeSoft doing financially? You had a rather large layoff last year -- what areas were affected, what projects or initiatives were curtailed or delayed? How close is the company to profitability? What is the financial outlook?

Duval: The layoffs mainly affected the people who were developing our "e-learning" activities. Now that we've refocused our efforts specifically to Linux, e-learning is a secondary concern. We also have cut all the big salaries in the company. We've preserved our development and services staff, which are the essential parts of the company. Our recent IPO was quite small, yet nicely accepted, and it permitted us the luxury of cutting costs in many areas instead of just laying off people! Financially speaking, we're doing better and better with each passing month: MandrakeStore is very successful as well as the Mandrake Club, and we plan on reaching "break-even" by September 2002 and on being a profitable company in 2003. By the way, MandrakeSoft stock can now be easily purchased in the USA on the OTC Market (Symbol: MDKFF)."

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