Rusty Russell: LinuxOne Wastes Investors' Time, Money | Linux Today

Rusty Russell: LinuxOne Wastes Investors’ Time, Money

Written By
Web Webster
Web Webster
Dec 28, 1999

LinuxOne has a copy of RedHat, a thin web site, and an S-1
filing for their IPO. That’s it.

“No experience in Linux, just a RedHat CD with the name changed.
No experience in successful IPOs, just a great hope that this time
the bandwagon will carry them to riches. After all, the founder of
LinuxOne has tried to IPO before on various fly-by-night
schemes….”

“This two people trying to drain $24 million dollars from
ignorant investors before the ceiling falls in on their valueless
company, and they spend half the money in lawsuits brought on by
the mom’n’pop investors (who know nothing of Linux, but saw the
LINX ticker).”

Complete
Story

Web Webster

Web Webster

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.

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