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Linuxcare Withdraws IPO, Cuts Staff

Eupolis writes "Reuters reports that Linuxcare has withdrawn its IPO filings, and is now cutting staff to try to keep from running out of money. " As well as the report from Reuters, News.com has an analysis of the situation as well.

3 of 53 comments (clear)

  1. Linuxcare IPO by Anonymous Coward · · Score: 5

    Linuxcare IPO stopped talking to other employees. He sat long hours at his desk. No one was quite sure what he did there, but the mounds of coffee cups laced with methamphetamines couldn't be a good sign. He stopped going out to the bar with the rest of the staff on fridays. IPO felt that he no longer needed the company of his co-workers. "I know what they'll say," he thought to himself, "they'll say 'I never expected it from him . . . he was such a quiet IPO. Kept to himself. Didn't bother anyone'. If only they knew what evil lurks inside the heart of an IPO . . ."

    At home Linuxcare IPO would systematically windex every photo he had of his mother (RedHat IPO). He had long since cleaned all the furniture out of his apartment. he didn't need all that glitzy stuff. Besides, he needed the space for his journals. He had kept a journal for every day since he had learned to write. He had a journaling file system so he could pull out any bit of writing at a minutes notice to reference in it. He found his writing to be insightful and enlightening.

    "no one else could understand"
    "no one else could know what I know"
    "I've seen things"
    "I understand"
    "They hate me for it"
    "They're trying to distroy me for my knowledge"

    Months went by like that, and soon Linuxcare IPO developed a taste for flesh. It started innocently, killing the rats in his apartment and smearing thier eviscerated flesh over his own naked body. But it wasn't enough, there wasn't enough blood to hide them. He had to keep his secret safe, and blood had powers, and no one could see him behind a mask of blood, and he could be happy, and he could finally achieve what his mother had long prophesised. Yes, it was good, and it was safe and right. Linuxcare IPO knew what he had to do.

    The next day at work, people noticed a change in IPO. He had been so withdrawn for so long, but now he was talking to everyone, eyes darting nervously to and fro. Then, about ten minutes before lunch, IPO pulled out the knife he had made himself, and started plunging it into Linuxcare Staff. He would cut Staff alright . . . he would cut him REAL good . . .

  2. Re:RMS wins again by Black+Parrot · · Score: 5

    > In fact, it appears to me as if the only person who has really benefitted financially from the whole free software movement and its pseudo-socialist ethics is RMS himself.

    Actually, I am benefitting financially from the free software movement.

    I own several computers, and use them for full-fledged desktop/develpment/number-cruncher systems. My total investment in software is $0.00 US (except for my oldest system, which I was fool enough to buy with Windows pre-installed).

    The big mistake the many pundits, trolls, and honest-to-goodness nice quys are making is thinking that the only use for software is selling it.

    Not so. The primary use for software is using it. The primary economic use for software is using it to run your business more cheaply and efficiently.

    Once this is recognized, you immediately see that millions of persons are "benefitting financially from the whole free software movement".

    If you want to sell software or play the stock market, then no, I do not recommend free software for you. If on the other hand you just want to get work done, then free software is the only way to go, IMO.

    ps - The predicted (hoped for?) flames are omitted. Insert your own if needed.

    --

    --
    Sheesh, evil *and* a jerk. -- Jade
  3. Ex-Linuxcare staff by deeny · · Score: 4
    Yesterday, I helped try and get local Linux companies to SVLUG and tried to get the ex-Linuxcare staff that I knew there, in hopes that this will help make the "downtime" as short a process as possible.

    One of my Linuxcare friends had a job interview this morning that I helped set up. If you're one of the LC people looking, I now have even more contacts. Feel free to email me at deirdre@deirdre.net and I'll pass along what I know.

    While the prognosis for everyone there is good, the early birds will have more choices.

    If you're one of the ex-Linuxcare staff, I'm also asking the companies to show up at the next BALUG meeting as well. And, if you're a company that I missed somehow, just show up. :)

    _Deirdre