Venture Capitalists Think Open Source Again

Posted by timothy on Saturday November 13, 2004 @08:13AM from the hey-kid-here's-a-nickel-get-a-haircut dept.

prostoalex writes "Seattle PI notices a rise in venture capital investments into open-source companies. JBoss, SourceLabs, SugarCRM and OSDL all attracted venture capital investments this year, with SourceLabs receiving investments from former Senior VP of Microsoft. ""You could say that it is as disruptive as ... mainframes going to PCs or landlines going to cell phones. Software as it has been sold for years is about to be turned on its head completely," says Lucinda Stewart from OVP Venture Partners."

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Re:Luck to them by paretooptimum · 2004-11-13 08:27 · Score: 4, Interesting

That' funny... I've made some real money on open source investing. I bought SCO when it blew up on slashdot, followed it up, sold just over the peak and shorted it down. So there is money to be made on open source - shorting the stocks of the losers. My current investment tips (courtesy slashdot): short Sun.