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Red Herring: Red Hat gets normal

Mar 03, 2000, 00:08 (0 Talkback[s])
(Other stories by Matthew DeBellis)

[ Thanks to Antti Huotari for this link. ] "'I'm a salesman,' quipped Bob Young, chairman of Red Hat (Nasdaq: RHAT). Red Hat is the most widely known distributor of Linux, an operating system (OS) some believe will challenge Microsoft (Nasdaq: MSFT) Windows in the market for the software that makes computers work."

"Mr. Young never really went deeper than that in his keynote address at Red Herring's Venture Market South conference in Atlanta this week. The conference brings select startups and investors together."

"Instead, Mr. Young paced onstage with his hands in his pockets and spewed trusty truisms and motivational clichés..."

"Mr. Young has come a long way since he and Mark Ewing founded Red Hat in 1994, when Linux was virtually unknown. Last year, Mr. Young led Red Hat to a screaming IPO that ushered in a craze for Linux companies on the public markets..."

Complete story.