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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.

5 of 158 comments (clear)

  1. Lindows? I thought it was not Linspire by Ra5pu7in · · Score: 4, Interesting

    Ahh, so the real reason they want to avoid a drawn-out battle with MS is revealed.

    --
    I was taking one day at a time, but then several days got together and ambushed me. (from a Rhymes with Orange comic)
  2. Hot Potato and Musical Chairs. by tomblackwell · · Score: 4, Interesting

    It worked out for me. I bought and sold and exited with a tidy sum.

  3. Great opportunity to make $$$ by NineNine · · Score: 5, Interesting

    Short it! I mean, c'mon, this company is run by some juvenile jackass who thought that "Lindows" would be a great name, and actually started to try to defend it. That's the kind of stunt that some college kid could pull, not a CEO of a publicly traded company. I know that I'm waiting for it to peak (day 1), then I'm shorting the hell out of this. Lindows will be long gone within a year or two.

  4. Oh, I get it! Buy tech stocks and get rich... by turnstyle · · Score: 4, Interesting
    Why didn't anybody think of this before? ;)

    "Same CEO had near perfect timing raising 300MM with MP3.com"

    hmmm, what's the current value of MP3.com stock?

    --
    Here's what I do: Bitty Browser & Andromeda
  5. Re:Lindows IPO by _Sprocket_ · · Score: 3, Interesting

    ...here is an unfortunate precedent for this company: just as users of mp3 sites wanted (at that stage) something for nothing, so linux users are generally still looking at the system as a cheaper, or free, alternative to those on the market. For Lindows to make a decent profit, it will either have to change the culture of its user base, or make serious inroads into the entrenched Windows market.

    Unlike all the Windows users who like to "pirate" their applications. The workings of the scene itself may not be about free stuff. But they certainly feed a rather large mass of people who like getting stuff for free. This, of course, doesn't mean that there are no paying customers for Windows or Windows applications.

    Enter Linux. Sure - people like free stuff. But that doesn't mean all Linux users won't pay for something. In every environment I've worked in for the last 9 years, the organization I worked for could afford anything they want to include Windows and all commercial Unix products. They ran all these environments... and Linux. They would even pay for Linux support and applications that ran on Linux. And today my Organization pays for RedHat Enterprise.

    As for me... my own workstation at home is Debian Linux. My laptop is Mandrake - from a boxed set I purchased at the local Best Buy. I also own several commercial games that I purchased either at a local store or online. I prefer Open Source applications but will pay a fee for software when there is sufficient reason too. And I do the same at work.

    Sure - Lindows has a hell of a rough road in front of them. Anybody trying to launch a desktop OS in to this market does. And fighting dominant desktop environments such as wintel and MacOS is tough enough without also competing against other Linux vendors. But whether Linux users will pay is not the issue. They will. They do.

    But will they pay for Lindows?