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ZDNet: Can Open Source IT be a Money Pit?

Apr 14, 2005, 02:30 (0 Talkback[s])
(Other stories by David Berlind)

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"Last month, Doug Kaye over at IT Conversations recorded an interview with MIT professor and serial entrepreneur Philip Greenspun. Greenspun's most successful venture to date (revenue-wise) was probably ArsDigita--an open source business that flamed out after he handed the reins over to venture capitalists who, he claims, ran a perfectly good company into the ground. Also under Greenspun's belt is photo.net (a prosumer photograhy site that boasts of 10 million hits of day) and, my personal favorite, a central role back in the 1980s with Symbolics Inc. About the same time he was working for Symbolics, I was working on a Symbolics system trying to learn the ropes of artificial intelligence and the LISP programming language..."

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