CNET News.com: Benchmark Capital invests in more open-source projects | Linux Today

CNET News.com: Benchmark Capital invests in more open-source projects

Written By
SS
Stephen Shankland
Aug 26, 1999

“Benchmark Capital, one of Silicon Valley’s most noted venture
capital firms, announced an investment this week in another
open-source project, dubbed Collab.net. Collab.net’s central
feature is SourceXchange, a project initiated by Hewlett-Packard
and O’Reilly and Associates that lets companies tap into the talent
of open-source programmers across the Internet.”

” ‘I’m a huge believer in open source,” said Benchmark partner
Kevin Harvey in an earlier interview. “Communally developed
software, as opposed to one company hiring engineers and running
the entire agenda, is a much more compelling way to advance the
agenda.’ “

“While it’s not surprising to hear that a Red Hat investor
boosts Linux, Harvey has some bold predictions for the success of
the upstart operating system. It’s already displacing Windows,
starting with Windows NT and heading toward Windows 98. ‘How
long till it outstrips Windows? I think three to five years,’ he
said.”

Complete
Story

SS

Stephen Shankland

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