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Upside: Linuxcare regroups

Apr 14, 2000, 17:42 (2 Talkback[s])
(Other stories by Sam Williams)

"Linuxcare co-founder Art Tyde certainly doesn't sound like a man who just watched $50 million or so in potential private wealth go up in smoke in the space of just two weeks."

"In fact, listening to Tyde's measured tones over the phone, the same confident delivery that convinced Kleiner Perkins to invest in a Linux services startup back in 1998, it's hard to detect any flicker of emotion at all...."

"Sixteen weeks later, Sarrat and the smirk are both gone. As for the planned IPO, Tyde and the rest of the new quartet currently filling the Linuxcare chief executive slot have elected to put that on the shelf for a few months. While Sarrat's cloudy departure has served as a convenient excuse for that decision, Tyde admits that the current "normalizing" trend in the high tech marketplace also played a significant role in forcing his company to retime its debut."

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