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Red Herring: Red Hat gets normal

[ 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
.

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