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Bruce Perens Becomes CEO of VC

Bruce Perens writes "In August, I accepted the president's position at Linux Capital Group, a business incubator and venture capital firm specializing in Linux. This is explained in my open letter to the free software community on the group's web site. My firm has announced its first investment, in Progeny Linux, a company headed by Debian Founder Ian Murdock, which will produce a commercial version of Debian in cooperation with the Debian developers. We will be starting and funding several other Linux companies. We now intend to show other businesses by example how to succeed while being a good citizen of the free software community."

1 of 194 comments (clear)

  1. Re:down the rabbit hole by Bruce+Perens · · Score: 5
    Open Source never meant taking a vow of poverty. Having people be able to support themselves while making free software is an opportunity we should take advantage of to the utmost, because that way we will have more free software.

    The challenge is to embrace our success without losing the qualities that got us here. If I'm not meeting that challenge, I want to hear from you just how, with details, when that happens.

    Thanks

    Bruce