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Charlotte Business Journal: Red Hat exec: Downturn beneficial

Apr 02, 2001, 16:00 (14 Talkback[s])
(Other stories by J.C. Zoghby)

"In the last six years, people were buying into the vision. What's interesting is that some of those companies will in fact become the next International Business Machines Corp. or the next AT&T Corp. No one was arguing that all of them would."

"The fact that some of them literally are going to disappear is not really a surprise."

"What it does do, in a perverse sort of way, is actually a good thing."

"Our competitors, who were being funded by these venture capitalists because of the vision, would give away the very same services. It was very difficult for us to expand our business to become more profitable."

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