"Craig Nathan, the sandy-haired, twenty-something founder of Web
software company MEconomy, was walking steadily toward the San Jose
Convention Center to catch last week's LinuxWorld presentations
when he noted a significant change from last year's Linux
gathering: Big companies - Compaq Computer, Dell Computer, IBM, Sun
Microsystems - were everywhere he turned. In fact, he was on his
way to hear a keynote address by Hewlett-Packard's chief scientist,
"What a difference a year makes."
"MEconomy plans to produce open source code. According to
Nathan, if he had approached venture capital firms with that idea a
year ago, "they would have said, 'Absolutely not.' Now, with IBM
and Sun behind Linux, it gives us instant credibility," he
said, which will help the company as it approaches venture
capitalists for the first time."
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