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Kleiner Perkins Invests in LinuxCare
An anonymous reader writes "
It's official now. Kleiner Perkins has blessed the Linux movement. Nobody will ever be fired for deploying Linux.
" Kleiner Perkins is one of the VCs behind Amazon and
Netscape.
Hmm... The most respected VC firm in silicon valley invests in a linux startup. This has never happened before, at least none that I can think of. You have to realize that there are a lot of people in this industry who follow To The Letter whatever KP does. So if you're not impressed with LinuxCare, that's reasonable. But this investment is VERY impressive because KP has a history of investing in things that become the "next big thing." This will definitely solidify the future of LinuxCare, and is big news for linux in general. You can bet you'll start seeing it pop up a lot more, especially here in the valley because of this.
Geez, for something important like this you'd think we would get more than 10 comments...
Put it this way,
Amazon might not be the biggest moneymaker in the world right now, but how valuable will it be in 10 years when most people shop online? Most companies aren't profitable immediately. Amazon is actually setting themselves up very nicely by getting a lot of branding and name recognition right from the start. Amazon has made themselves synonomous with online shopping, so when online shopping gets big Amazon will get big too.
--Maybe my company will start considering Linux as a potentially viable solution now...
.
== WolfriderV6 == I'm willing to admit that *I just might* be wrong... Are you??
Just want to make sure
---
disable your animated screen saver, it wasted your CPU time
From what I understand, they're not loosing money on each sale, but rather spending alot of money on things like marketing and growth -spending more than they earn.
Why not? They made out like bandits. :)
What went IPO at $18 a share is now worth about 8x
that (it was higher).
Most relatively new companies don't show much of
a profit as their growth means they're investing
in infrastructure (like inventory).
_Deirdre
About a year ago, I was representing a company that does support for free software, and managed to get a meeting with a very famous Silicon Valley venture capitalist (who shall remain nameless). I asked them about the likelihood that VC would invest in free software, and they responded something to the effect of, "If there's no proprietary content, we can't see how a company could make enough money from the model to satisfy us."
I just sent them a "told you so" message. God, that feels good. :) :) :) God bless the Linux community for making it happen!
--Tom
Tom Geller
Uh... the Beowulf system was $130,000 (as I read it). THe hundreds of thousands they COULD have saved on an NT solution is compared to the AIX solution that's $2M/3yrs.
I'm no fan of Micros~1, but this seems quite possible. The article rightly brings up the not-up-front cost of porting the code.
The phrasing of the article is odd, but parseable.
--
The Internet is the Suppository of All Knowledge. You get it in the end.
I'm not sure we should sing and dance about the endorsement of the Venture Capitalists behind Amazon. If I were a Venture Capitalist, I'd be pretty iffy about that company. Currently the best way to support amazon is to not shop there, since they still lose money on every sale.
Still, it's nice to see rich people supporting Linux
They could have saved hundreds of thousands on NT but was it computed with the cost involved in BSOD, crashes, rewriting of code that only need a recompilation with Linux,...
I'm sure that it would have cost more than what they planned if they had used NT.
"The obvious mathematical breakthrough would be development of an easy way to factor large prime numbers." Bill Gates,
That's not a quote from the article I read.