Why No Billion-Dollar Open Source Companies?

Posted by glynmoody on Jun 11, 2010 12:31 PM EDT
Computerworld UK; By Glyn Moody 		Mail this story
Print this story

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.

Full Story

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

« Return to the newswire homepage

Subject Topic Starter Replies Views Last Post
IBM ??? OK They're a HARDWARE company... JaseP 2 1,758 Jun 12, 2010 2:02 PM

You cannot post until you login.