“Forget for a moment what you’ve read about techno-savvy
twentysomethings making a fortune on initial public offerings.
“When thousands of computer buffs received an offer for what
amounted to free money — the chance to get in on one of Wall
Street’s hottest IPOs this year — some of them blew it.
“Instead, they wound up fuming — and flaming — as the stock of
Linux software vendor Red Hat Inc. soared sixfold in its first
three days of trading…”
“Red Hat’s special offer was intended as a means of paying
back programmers who have done volunteer work on Linux… Instead,
hundreds of the programmers didn’t — or couldn’t — cash
in.”
Web Webster has more than 20 years of writing and editorial experience in the tech sector. He’s written and edited news, demand generation, user-focused, and thought leadership content for business software solutions, consumer tech, and Linux Today, he edits and writes for a portfolio of tech industry news and analysis websites including webopedia.com, and DatabaseJournal.com.
LinuxToday is a trusted, contributor-driven news resource supporting all types of Linux users. Our thriving international community engages with us through social media and frequent content contributions aimed at solving problems ranging from personal computing to enterprise-level IT operations. LinuxToday serves as a home for a community that struggles to find comparable information elsewhere on the web.
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