MySQL Prepares To Go Public
prostoalex writes "MySQL CEO Marten Mickos told Computer Business Review the company plans to go public: 'Now entering its twelfth year, the company has built up just less than 10,000 paying customers, and an installed base estimated to be close to 10 million... When it does go public, MySQL will be one of only a handful of open source vendors to do so. Red Hat, VA Linux (now VA Software), and Caldera (now SCO Group) led the way in 1999 and 2000...'"
I'm not sure how to take this.
1) They managed to acquire 10,000 customers? Who are these customers, and why would they pay MySQL for a product that's not only free, but has better competitors available for free?
2) 10,000 customers, with 10 MILLION installs? So the odds are 1 in 1,000 that a user of your product would actually pay you anything? Those are TERRIBLE numbers....
Ahgh. Conflict. Partly because I just don't like MySQL - I'm a Postgres user and shrug my shoulders as to why anybody would use something with all the warts of MySQL...
I have no problem with your religion until you decide it's reason to deprive others of the truth.
Really? What wild new innovations have come from those you listed?
Going public means that the companies primary goal becomes to please the stockholders rather than employees and customers. It's nice that the folks who started it up usually get rich, but it doesn't tend to do good things for anyone else.