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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)

"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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