“Recent events haven’t been kind to the embedded world. After
the bursting of the dot-com and Linux bubbles, many embedded Linux
companies, prematurely expanded to nonprofitable levels by the
prior year’s venture capital investment excesses, were especially
hard hit and went through multiple rounds of layoffs.“Earlier this week (April 24, 2002), I stood on the steps of a
Utah courthouse with some former Lineo employees and an assortment
of attorneys, and watched as the assets of Lineo, the first major
embedded Linux company and my home for over three years, were sold
off — part of a process called recapitalization. Only time will
tell whether ‘Lineo v2’ can successfully be nursed back to good
health.“It was easy to feel a bit forlorn. But then an old saying
popped into my head: ‘Don’t cry because it’s over — smile because
it happened.’ With that, I resolved to pass along some ideas to
those who still have a chance to live the dream, and who have the
vision to consider what they’re doing right, or might do
better…”
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