Facebook IPO could still be a good thing for Open Source

Facebook’s IPO has been hammered in the mainstream press as a disaster because of NASDAQ troubles as well as a precipitous decline in the value of the stock. While that’s kinda/sorta interesting, I’m an open source guy, so I’m interested in other stuff.

For one, whether Facebook is a $100 Billion company or just a $70 Billion company, they are a company built on open source software. Yes Facebook uses the LAMP (Linux/Apache/MySQL/ PHP) stack but they’ve done so much more and contributed a lot of it back to the community too.