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MySQL Hits $50 Million Revenue, Plans IPO

Posted by samzenpus on from the they-grow-up-so-fast dept.

An anonymous coward writes "MySQL, purveyor of the open-source database of the same name, is on the road to becoming a publicly traded company, bolstered by $50 million in revenue in 2006. "It's still in the pipeline," Chief Executive Marten Mickos said of the plan to hold an initial public offering of his company's stock. He declined to discuss when the company planned to go public, but said, "We're making good progress, doing all the things we need to get done.""

4 of 124 comments (clear)

  1. Check into this stock. This is not a pump-and-dump by Anonymous Coward · · Score: 2, Funny

    The NYSE symbol is MyDIK. You can pump and dump this stock all you want. It has more uptime than MySQL.

  2. Re:Capitalists = Evil by dotgain · · Score: 2, Funny

    To clear up any confusion created by the parent comment:
    Free != Free

  3. Re:interesting timing for an IPO by ronanbear · · Score: 4, Funny

    1. Get taken over by Oracle
    2. Profit
    3. Fork MySQL
    4. ???
    5. Profit (again)

    Sounds good to me

    --
    the more they over-think the plumbing the easier it is to stop up the pipe
  4. Re:Of Geese and Golden eggs... by Bodrius · · Score: 2, Funny
    Let me see if I understand...

    That new business is going to come from MySQL's reputation of being a public company, not based on the technological superiority or suitability about the product. Should MySQL indeed care for such customers, given that the current mindshare and marketshate has come from the Open Source loving community?


    You're suggesting that a for-profit business refuses to serve new paying customers... because they're 'n00bs'?

    What is this, the Soup Nazi school of open source business?

    --
    Freedom is the freedom to say 2+2=4, everything else follows...