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OpenIPO and Lindows

Posted by Hemos on from the raising-the-money dept.

An anonymous reader writes "Lindows is using bankers WRHambrecht and their OpenIPO process when they go public. The lower end of the pricing range will net them more than 50MM. But OpenIPO is designed to let ANYONE bid on IPO shares. If Linux can keep investor's attention and Google announces their own IPO, they could raise much more which could have impact on desktop Linux. Same CEO had near perfect timing raising 300MM with MP3.com IPO." OpenIPO is the same route Andover.net took back in the day.

13 of 158 comments (clear)

  1. Surprised by Wealth! Then by Total Loss! by sulli · · Score: 4, Funny
    OpenIPO is the same route Andover.net took back in the day.

    And we all know how well that worked out.

    --

    sulli
    RTFJ.
  2. Re:Lindows? I thought it was not Linspire by unformed · · Score: 4, Funny

    they should set the name to Tofkal (The OS Formally Known As Lindows)

  3. Re:Who is raising what 50 MM for? 300MM? by LouCifer · · Score: 5, Funny

    No, its MegaMillions. You know, the multi-state lotto?

    My guess is they're going to go IPO and dump all the money into MegaMillions in order to thwart off SCO's attack.

    --
    Religion is for people afraid of going to hell.
  4. Oh, yeah... by Otter · · Score: 2, Funny
    Same CEO had near perfect timing raising 300MM with MP3.com IPO. OpenIPO is the same route Andover.net took back in the day.

    Sales of disco records increased 700% through 1978! If this trend continues...AAAAAYYYYYY!

    (No, I'm not sufficiently motivated to go to SNPP and get the quote right.)

    --
    What I'm listening to now on Pandora...
  5. Re:Desktop Realitites by nomadic · · Score: 2, Funny

    Mod me down if you must, but I hope that a majority of the IPO dollars are spent refining the GUI AND THE FUNCTIONALITY to be more similar to Windows.

    If by "refining the GUI" you mean hiring sales and marketing, and padding the salaries of executives, you're perfectly correct.

  6. Re:Lindows? I thought it was not Linspire by cyb97 · · Score: 3, Funny

    The name won't catch on unless it includes at least one recursive letter ;-).

  7. I'll invest... by kevlar · · Score: 3, Funny

    ... as soon as my 401k, multi-million dollar homes, multiple ferraris and student loans are all paid off and I have some expendable income that I'd rather donate to the Linux movement rather than to my local soup kitchen...

    1. Re:I'll invest... by LilMikey · · Score: 3, Funny

      I've been paying off my 401K for years and it only seems to get bigger.

      Haha! When I started off here I noticed my 401k balance was 0. They almost fooled me into making payments toward it as well but my wily arse saw through their plot!

      Personally, I only invest in "Credit Cards". The intrest rate is astronomical... look into it.

      --
      LilMikey.com... I'll stop doing it when you sto
  8. Re:WTF Unit of currency is an MM? by oldmildog · · Score: 4, Funny
    technically, MM is " a thousand thousand"
    Or 2000 if you're Roman.
    --
    They have the Internet on computers now?
  9. Re:Lindows? I thought it was not Linspire by haystor · · Score: 2, Funny

    LinuXP. Just to screw with that other company.

    You'd also sell an extra 2 copies to all the LISP programmers out there who would think it's the "true Linux".

    --
    t
  10. Re:Lindows? I thought it was not Linspire by Nimrangul · · Score: 2, Funny

    Tonkat (The OS Now Known As Tonkat) actually sounds much better than Linspire. Though the Tomcat people may disagree.

    --
    I'm sick of following my dreams - I'm just going to ask them where they're going and hook up with them later.
  11. 50 millimeters!?!? by vijaya_chandra · · Score: 4, Funny

    50 millimeters of what?!!?

    Why can't the editors be a little sympathetic to lamers like me in expanding acronyms!?!

  12. Re:Lindows? I thought it was not Linspire by xoran99 · · Score: 2, Funny
    The name won't catch on unless it includes at least one recursive letter ;-).

    Lindows - Lindows Is Not Deemed Of Windows' Standards.

    --

    Karma: Bad (mostly due to all those "In Soviet Russia" jokes)