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Forbes: Linux in spotlight in two IPOs this week

Dec 06, 1999, 18:44 (1 Talkback[s])
(Other stories by Therese Poletti)

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"VA Linux Systems was founded in 1993 by its chief executive, Larry Augustin, while he was a Stanford University graduate student. Augustin has joked that his biggest claim to fame was that he started a Linux company, building Linux workstations in his living room, instead of joining fellow students David Filo and Jerry Yang as they started up Yahoo! Inc."

"Now Augustin and other VA Linux executives are likely to see a financial windfall for themselves, as well for members of the Linux software developer community. Like Red Hat, VA Linux Systems offers Linux developers an opportunity to buy its shares through its friends and family program before the initial offering. Credit Suisse First Boston is the lead underwriter...."

"The second Linux-related IPO of the week, Andover.Net, is a network of Web sites with content, community and e-commerce, targeted to the Linux and open source community. Andover.Net's most well-known site is Slashdot.org, a must-read in the open source community, that bills itself as "News for Nerds."

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