Why No Billion-Dollar Open Source Companies?

Posted by glynmoody on Jun 11, 2010 12:31 PM EDT
Computerworld UK; By Glyn Moody
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If open source is so successful, why aren't there any billion-dollar open source companies? Red Hat's CEO, Jim Whitehurst, gives a clue: to get to $5 billion turnover, Red Hat must displace $50 billion of revenue from proprietary companies. That's hard - and why there will be very few big open source companies.

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» Read more about: Story Type: Editorial; Groups: Red Hat

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IBM ??? OK They're a HARDWARE company... JaseP 2 1,662 Jun 12, 2010 2:02 PM

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