Financial Times: Linux Sets Pace for New-Look IT Boom | Linux Today

Financial Times: Linux Sets Pace for New-Look IT Boom

Written By
Web Webster
Web Webster
Mar 15, 2004

“The success of the Linux computer operating system has fuelled
a rush by venture capitalists to invest in a new wave of open
source software companies, creating the sort of land-grab mentality
last seen during the 1990s technology boom.

“‘Smart, savvy people are begging to put a lot of money into
open source–the venture capital spigot is back on,’ said Mike
Olson, chief executive of Sleepcat, an open source company.
Although the company did not need cash, he said it received
‘multiple solicitations’ a week from would-be investors…”


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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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