IT Manager's Journal: Investing In Open Source Companies: Nobody's Getting Rich--Yet
Jan 08, 2004, 00:00 (2 Talkback[s])
(Other stories by Chris Preimesberger)
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[ Thanks to Jason
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"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...'"