IT Manager's Journal: Investing In Open Source Companies: Nobody's Getting Rich--Yet | Linux Today

IT Manager’s Journal: Investing In Open Source Companies: Nobody’s Getting Rich–Yet

Written By
Web Webster
Web Webster
Jan 8, 2004

[ Thanks to Jason
Greenwood
for this link. ]

“A panel of people who know about such things agree that if
commercial open source software and services companies are to
continue to be profitable, some of the current business models are
going to have to be revisited and/or fine-tuned. Experts at the
recent SD Forum Open Source Summit took on this very topic and came
up with some cogent advice for would-be investors.

“Comprising the panel were emcee Fred Vogelstein, technology
writer for Fortune magazine; Krys Corbett, lawyer with Wilson
Sonsini in Palo Alto, Calif.; Mitchell Kertzman, a partner with
Hummer Winblad Venture Partners in San Francisco; Pradeep Tagare,
strategic investment manager of Intel Capital; and Peter Fenton,
partner in Accel Partners.

“‘First of all, will anybody get rich doing this (investing in
open source)?’ Vogelstein said. ‘Well, this hasn’t happened yet,
but it also doesn’t mean it won’t happen…'”


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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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