Shuttleworth: Ubuntu developer Canonical may need 3-5 more years of funding
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Canonical Ltd., the commercial backer of the Ubuntu Linux operating system, is not yet turning a profit, but founder Mark Shuttleworth said during a teleconference today that he is prepared to bankroll the company for three to five more years. "We continue to require investment, and I continue to be careful with my pennies in making those investments, but I consider this a good proposition," the billionaire technologist said. "Canonical is not cash-positive, but our offering is very attractive to those who want to pinch their pennies in the Linux space."
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