1.) At Spring LWCE, Linus mentioned being granted a "decent chunk of pre-IPO options by a Linux company just like an employee". I would guess that to be either RHAT or VA.
2.) Linus would not be eligible to participate in the IPO as he is not a US Citizen (he is a foreign national legally employed and residing in the US).
3.) I strongly suspect that, based on #1, Linus did pretty OK on the RHAT IPO and probably doesn't have to work another day in his life.
They only SOLD 6,000,000 shares, so they only made $84M on the deal. There's another 60M shares that are privately held (outstanding but not part of their float) which inflate the market cap greatly (probably still large majority held by Bob Young, Intel, etc. would be my guess).
Either way, they still didn't make NEARLY all that much off the deal.
So Red Hat is worth 5.6 billion. Anyone have an idea how this money will be spent?
It won't. Keep in mind that Red Hat STOCK is worth a total of $5.6B. Red Hat actually RECEIVED $14.00 a share from the initial investors and only made $840M from the deal ($14.00 per share, times 60,000,000 shares according to their S-1/A filing)
$840,000,000... while it may seem like a lot of money to have in the bank (and for a new company it can be), is NOT a lot of money at all. I've heard stories that companies like Microsoft have $1B war-chests that they rarely dip into.... and RHAT IPO'ed not to have a warchest but so that they could grow the company.
What it DOES mean, though, if RHAT stock stays even approximately close to where its at, is that RHAT screwed themselves by pricing their IPO too low.
First, the word "liberal", in today's society, tends to mean someone who, among other things, is anti-guns. We can debate the "true meaning" of the word liberal until we are blue in the face and it will make just as much difference as it does to say that "hacker" means someone who does neat shit with a computer.:)
I think it is far more accurate to call the average geek a "libertarian".
As the Geeks with Guns meetings would show, we are NOT a bunch of liberals. Anyone who looks at ESR's homepage and reads his philosophical views on things like gun control would hardly paint him as a liberal. I definitely consider ESR a geek in the proudest sense of the word.
a 33:1 return on investment ($700K for $23M) is FAR more reasonable a contest investment->return ratio than is something like the state-sanctioned PowerBall or other "Super" lottos (didn't someone just win something like $115M from a single $1.00 ticket?)
The point of entering a contest like this is to get something for much less than its value. Happens all the time in charity raffles, lotteries, etc. Why is it so hard for the judge to accept that?
This comes down to a simple matter of Pepsi's advertising department having a mouth that was writing checks their ass couldn't cash, and now they're going to get big lawyers and make it even more costly for him to actually collect on something they're legally obligated to do.
I dunno. The e-mail (I got one) is pretty clear that there is a quiet period coming up, and it implies that it is coming SOON.
I think the poster was fairly justified in extrapolating an upcoming IPO in the short-term future. Larry will have plenty of other opportunities to speak his mind in the future, so if this is the "last chance before the enforced hush" as the e-mail implies, then that means short-term.
Now perhaps the PR people misspoke themselves, or perhaps the PR people let slip something VA didn't really want to let slip, but I don't think calling the reader of the email a "donut" is fair, since the tone of the e-mail is certainly to imply that it is coming soon.
Let me just reiterate what everyone is saying here -- Axis cams are the way to go. You can run UTP cable a LONG ways.
The only problem with the axis cams is restricting access to them.
The way I would do that is to have the cams on RFC1918 space, firewalled away from the world. Let a Linux/FreeBSD box sit as the 'public' box, doing authentication, etc. and allowing access to the snapshots to remote people.
Meanwhile, anyone local (adminstrators, etc.) can view the cameras as streaming video (jpeg push is how it works I believe, but its been a while since I dicked with one).
I think Angela Gunn, who is a mildly attractive female if I remember her picture correctly from her magazine writing days, would probably be offended to be referred to in the masculine form.;-)
Apache just directs it to whichever virtual host is defined first in the configuration file. Actually, you can also select a "Default" NameVirtualHost in the apache.conf file (and it can be something "completely different" than any other NameVirtualHost if you want it to be)
For it to be a "story", Episode 2 must build upon and continue what was left off on Episode 1.
Any story on "Episode 2 Rumors" is going to have spoilers for Episode 1. It's just a matter of reality.
You also learned by reading it that Qui-Gonn died, why? Because that's PART of the rumors for Ep. 2... what happens to him now?
If you don't want spoilers for Episode 1, don't read anything about other prequels. Also, erase from your memory anything about 4-6 that you saw, so you will forget that Anakin becomes the Nubian God Darth Vader, has two kids named Luke and Leia (that he doesn't know about) and becomes the servant of the Emperor...
Because knowing that might spoil Episode 3 for you...
Re:You have to admire this guy...
on
RMS Responds
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· Score: 1
...for being consistent in his message. I don't always agree with him, but I have a deep respect for people like him who live by their ideological principles consistently and non-hypocritically.
I don't know what RMS YOU'RE looking at, but after the debate about "Linux" v. "GNU/Linux", he is very obviously a hypocrite. Part of the FSF "mantra" is that once you release it, its out there, for others to use and do whatever they want with...
Apparently RMS doesn't like the fact that the Linux community did just that... saw the tools, and built something better on the shoulders of giants... now, because "their tools" were used, he wants to insist on having some say in the naming of the Linux OS...
THAT is very hypocritical, so I don't know what you're talking about "respecting" him for not being a hypocrite...
TCI@Home actually has a policy in their user agreement expressedly allowing FTP/HTTP servers. @Home turned off my service for running a web server, so I complained to TCI. The people I spoke to there indicated that "in cases where @Home's AUP and TCI's User Agreement directly conflict, TCI's takes precedence", and they were going to put a foot up @Home's ass about it.
Nothing's happened yet (should hear back early this week), but its good to know.:)
were these tests at all like reality, with only 5-10 requests at a time, with many spikes and drops?
I don't know what reality you live in. The reality I live in, which includes several million page views a day, would not follow the pattern you're describing at all.
I'm NOT by any means an NT bigot... where I work, we use FreeBSD, but just because your web site sees very little traffic, don't assume that you are the "standard". Hobbyists, in the grand scheme of things, are less important to "document and benchmark", than business/e-commerce sites are.
For the hobbyist web-server who cares if the page is delayed by 0.1 seconds per page or if the server takes a shit on 100 req/second. It won't happen for the average person. Benchmarking's purpose in life is "Here's us beating the living bejeezus out of the machine.. at what point does it break"
Through "preferences" you have the ability to kill the category what is unlikely to be of interest.
What we're talking about is more on an individual basis. I may want to know about Enlightenment, but this has very precious little to do with Enlightenment and much more to do with "pissing and moaning about an ex-employer".
Who the hell are you to tell the other people here what kind of stories should/shouldn't be on Slashdot?
Not me, the moderators. In allowing the moderators the ability to moderate articles themselves, it sends a message to Rob and crew "what works" and "what doesn't".
I assume that you think this site is supposed to be some sort of news portal.
"News For Nerds. Stuff That Matters." 'Nuff said.
As for Raster's comments, yes, I read them. I came out of it with an overwhelming feeling of "So? He had a dick manager. So has everyone else."
If I decide my manager is a dick 6 months from now and quit my job at my company (a rather largish double-digit-billion dollar web firm) do I get to have my rant published as well?
The point was not that Raster can't say whatever he wants, but that he comes off as whining about having quit a bad job. Whoopie-doo, that's not news. Allowing moderators to moderate news stories would allow people to set their account such that, just as they can ignore "comments the moderators think are inappropriate", they could also choose to ignore "articles the moderators think are inappropriate".
We need a way to moderate the stories themselves. That way we can downplay stories like this (which aren't truly all that relevant to the general populace..)
Reality Check -- EVERYONE here has probably quit their job at one point in time or another because they didn't like someone they worked with. I know I have. Sure I may have had a web page up about it at one point in time, but I certainly didn't go telling the world about it, putting it in Slashdot, because frankly its not that important. If someone knew me, came to my web page, they saw it and understood why I moved from one city to another.
Yes, I can understand Raster's complaint.
No, I don't want to hear any more about it.
Even if I do dislike Red Hat as a company, which I do, this type of ranting (and/. giving it "column-inches") is highly inappropriate.
Which leads back to moderation.... how about stories themselves start out with points that moderators can reduce if the story just completely shouldn't be on/. ?
I see the fact that they are "not NSI" as a great incentive to use them.
NSI has been nothing but evil incarnate (ok, well maybe that's an exaggeration, but not quite) in the way it has treated domain registrars. If all things are equal and I despise one registrar (NSI) the other wins by default.
... can they take "existing" domains and do the renewals for them, or do I have to take a chance by letting my current domain "Expire", enter it as new with register.com and "hope" that nobody grabs it in the mean-time?
I'd LOVE to start dumping money somewhere OTHER than NSI, but I'm not about to chance losing my domain to do it.
Their site doesn't seem to make any mention of that and you would THINK they'd also be trying to make some go of grabbing renewal profits if they could do so...
You might consider that it is certainly possible to satisfy both the "good taste" and free speech camps.
WB could show it as scheduled. WB's local affiliate in Colorado could be allowed to preempt the show with whatever they like.
Colorado kids don't get stuff dredged up, everyone else gets to see the show, and you can rerun it in the fall right before the season opener so that CO kids can see it as well, after they've had a chance to get past some of their demons.
Common sense ain't apparently, because if a computer geek like me can come up with a simple solution like that to a TV programming problem, what do these guys who get paid millions of dollars to do TV programming do for a living?
Lucas is just like Gates, surrounded by idiotic Yes-Men who only care about their cool technology, not the fact that the base of what they are working on is a rotten corpse (the plot and character development of the movie SUCKED!)
You are absolutely correct - literally. As a Bay Area resident who knows a few current and former Lucas employees, let me confirm this fact: "The fastest way to find yourself off a Lucas project is to intimate that there might be better ways of doing it." George doesn't WANT people to disagree with him. To work with him, you ARE a yes-man, no doubt about it. He has his vision, and it is your job to bring it to life, not to try and make the vision better. If you suggest it might be better, you'll find yourself in a painful position, or so I am told.
Re:Too bad USGOV/NOAA "standardizing" on NS
on
Netscape 4.6
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I don't understand why this is a problem...?
It allows them to run Linux desktops/laptops instead of being slaves to MS's operating systems, paying fees for something they don't need.
Slashdot Mirror
They actually announced it quite a while ago, and mentioned that it would be available in time for LWCE last week in San Jose.
1.) At Spring LWCE, Linus mentioned being granted a "decent chunk of pre-IPO options by a Linux company just like an employee". I would guess that to be either RHAT or VA.
2.) Linus would not be eligible to participate in the IPO as he is not a US Citizen (he is a foreign national legally employed and residing in the US).
3.) I strongly suspect that, based on #1, Linus did pretty OK on the RHAT IPO and probably doesn't have to work another day in his life.
Actually, to correct my own figures...
They only SOLD 6,000,000 shares, so they only made $84M on the deal. There's another 60M shares that are privately held (outstanding but not part of their float) which inflate the market cap greatly (probably still large majority held by Bob Young, Intel, etc. would be my guess).
Either way, they still didn't make NEARLY all that much off the deal.
It won't. Keep in mind that Red Hat STOCK is worth a total of $5.6B. Red Hat actually RECEIVED $14.00 a share from the initial investors and only made $840M from the deal ($14.00 per share, times 60,000,000 shares according to their S-1/A filing)
$840,000,000 ... while it may seem like a lot of money to have in the bank (and for a new company it can be), is NOT a lot of money at all. I've heard stories that companies like Microsoft have $1B war-chests that they rarely dip into.... and RHAT IPO'ed not to have a warchest but so that they could grow the company.
What it DOES mean, though, if RHAT stock stays even approximately close to where its at, is that RHAT screwed themselves by pricing their IPO too low.
To clarify:
:)
First, the word "liberal", in today's society, tends to mean someone who, among other things, is anti-guns. We can debate the "true meaning" of the word liberal until we are blue in the face and it will make just as much difference as it does to say that "hacker" means someone who does neat shit with a computer.
I think it is far more accurate to call the average geek a "libertarian".
As the Geeks with Guns meetings would show, we are NOT a bunch of liberals. Anyone who looks at ESR's homepage and reads his philosophical views on things like gun control would hardly paint him as a liberal. I definitely consider ESR a geek in the proudest sense of the word.
a 33:1 return on investment ($700K for $23M) is FAR more reasonable a contest investment->return ratio than is something like the state-sanctioned PowerBall or other "Super" lottos (didn't someone just win something like $115M from a single $1.00 ticket?)
The point of entering a contest like this is to get something for much less than its value. Happens all the time in charity raffles, lotteries, etc. Why is it so hard for the judge to accept that?
This comes down to a simple matter of Pepsi's advertising department having a mouth that was writing checks their ass couldn't cash, and now they're going to get big lawyers and make it even more costly for him to actually collect on something they're legally obligated to do.
I dunno. The e-mail (I got one) is pretty clear that there is a quiet period coming up, and it implies that it is coming SOON.
I think the poster was fairly justified in extrapolating an upcoming IPO in the short-term future. Larry will have plenty of other opportunities to speak his mind in the future, so if this is the "last chance before the enforced hush" as the e-mail implies, then that means short-term.
Now perhaps the PR people misspoke themselves, or perhaps the PR people let slip something VA didn't really want to let slip, but I don't think calling the reader of the email a "donut" is fair, since the tone of the e-mail is certainly to imply that it is coming soon.
Let me just reiterate what everyone is saying here -- Axis cams are the way to go. You can run UTP cable a LONG ways.
The only problem with the axis cams is restricting access to them.
The way I would do that is to have the cams on RFC1918 space, firewalled away from the world. Let a Linux/FreeBSD box sit as the 'public' box, doing authentication, etc. and allowing access to the snapshots to remote people.
Meanwhile, anyone local (adminstrators, etc.) can view the cameras as streaming video (jpeg push is how it works I believe, but its been a while since I dicked with one).
I think Angela Gunn, who is a mildly attractive female if I remember her picture correctly from her magazine writing days, would probably be offended to be referred to in the masculine form. ;-)
D
Apache just directs it to whichever virtual host is defined first in the configuration file. Actually, you can also select a "Default" NameVirtualHost in the apache.conf file (and it can be something "completely different" than any other NameVirtualHost if you want it to be)
We're not talking quantum physics here...
Episode 2 MUST follow Episode 1
For it to be a "story", Episode 2 must build upon and continue what was left off on Episode 1.
Any story on "Episode 2 Rumors" is going to have spoilers for Episode 1. It's just a matter of reality.
You also learned by reading it that Qui-Gonn died, why? Because that's PART of the rumors for Ep. 2... what happens to him now?
If you don't want spoilers for Episode 1, don't read anything about other prequels. Also, erase from your memory anything about 4-6 that you saw, so you will forget that Anakin becomes the Nubian God Darth Vader, has two kids named Luke and Leia (that he doesn't know about) and becomes the servant of the Emperor...
Because knowing that might spoil Episode 3 for you...
I don't know what RMS YOU'RE looking at, but after the debate about "Linux" v. "GNU/Linux", he is very obviously a hypocrite. Part of the FSF "mantra" is that once you release it, its out there, for others to use and do whatever they want with...
Apparently RMS doesn't like the fact that the Linux community did just that... saw the tools, and built something better on the shoulders of giants... now, because "their tools" were used, he wants to insist on having some say in the naming of the Linux OS...
THAT is very hypocritical, so I don't know what you're talking about "respecting" him for not being a hypocrite...
TCI@Home actually has a policy in their user agreement expressedly allowing FTP/HTTP servers. @Home turned off my service for running a web server, so I complained to TCI. The people I spoke to there indicated that "in cases where @Home's AUP and TCI's User Agreement directly conflict, TCI's takes precedence", and they were going to put a foot up @Home's ass about it.
:)
Nothing's happened yet (should hear back early this week), but its good to know.
D
I don't know what reality you live in. The reality I live in, which includes several million page views a day, would not follow the pattern you're describing at all.
I'm NOT by any means an NT bigot... where I work, we use FreeBSD, but just because your web site sees very little traffic, don't assume that you are the "standard". Hobbyists, in the grand scheme of things, are less important to "document and benchmark", than business/e-commerce sites are.
For the hobbyist web-server who cares if the page is delayed by 0.1 seconds per page or if the server takes a shit on 100 req/second. It won't happen for the average person. Benchmarking's purpose in life is "Here's us beating the living bejeezus out of the machine .. at what point does it break"
Essentially...
What we're talking about is more on an individual basis. I may want to know about Enlightenment, but this has very precious little to do with Enlightenment and much more to do with "pissing and moaning about an ex-employer".
Not me, the moderators. In allowing the moderators the ability to moderate articles themselves, it sends a message to Rob and crew "what works" and "what doesn't".
I assume that you think this site is supposed to be some sort of news portal.
"News For Nerds. Stuff That Matters."
'Nuff said.
As for Raster's comments, yes, I read them. I came out of it with an overwhelming feeling of "So? He had a dick manager. So has everyone else."
If I decide my manager is a dick 6 months from now and quit my job at my company (a rather largish double-digit-billion dollar web firm) do I get to have my rant published as well?
The point was not that Raster can't say whatever he wants, but that he comes off as whining about having quit a bad job. Whoopie-doo, that's not news. Allowing moderators to moderate news stories would allow people to set their account such that, just as they can ignore "comments the moderators think are inappropriate", they could also choose to ignore "articles the moderators think are inappropriate".
We need a way to moderate the stories themselves. That way we can downplay stories like this (which aren't truly all that relevant to the general populace..)
/. giving it "column-inches") is highly inappropriate.
/. ?
Reality Check -- EVERYONE here has probably quit their job at one point in time or another because they didn't like someone they worked with. I know I have. Sure I may have had a web page up about it at one point in time, but I certainly didn't go telling the world about it, putting it in Slashdot, because frankly its not that important. If someone knew me, came to my web page, they saw it and understood why I moved from one city to another.
Yes, I can understand Raster's complaint.
No, I don't want to hear any more about it.
Even if I do dislike Red Hat as a company, which I do, this type of ranting (and
Which leads back to moderation.... how about stories themselves start out with points that moderators can reduce if the story just completely shouldn't be on
How about a link to a story or article or such talking about this?
I see the fact that they are "not NSI" as a great incentive to use them.
NSI has been nothing but evil incarnate (ok, well maybe that's an exaggeration, but not quite) in the way it has treated domain registrars. If all things are equal and I despise one registrar (NSI) the other wins by default.
... can they take "existing" domains and do the renewals for them, or do I have to take a chance by letting my current domain "Expire", enter it as new with register.com and "hope" that nobody grabs it in the mean-time?
I'd LOVE to start dumping money somewhere OTHER than NSI, but I'm not about to chance losing my domain to do it.
Their site doesn't seem to make any mention of that and you would THINK they'd also be trying to make some go of grabbing renewal profits if they could do so...
You might consider that it is certainly possible to satisfy both the "good taste" and free speech camps.
WB could show it as scheduled. WB's local affiliate in Colorado could be allowed to preempt the show with whatever they like.
Colorado kids don't get stuff dredged up, everyone else gets to see the show, and you can rerun it in the fall right before the season opener so that CO kids can see it as well, after they've had a chance to get past some of their demons.
Common sense ain't apparently, because if a computer geek like me can come up with a simple solution like that to a TV programming problem, what do these guys who get paid millions of dollars to do TV programming do for a living?
You are absolutely correct - literally. As a Bay Area resident who knows a few current and former Lucas employees, let me confirm this fact: "The fastest way to find yourself off a Lucas project is to intimate that there might be better ways of doing it." George doesn't WANT people to disagree with him. To work with him, you ARE a yes-man, no doubt about it. He has his vision, and it is your job to bring it to life, not to try and make the vision better. If you suggest it might be better, you'll find yourself in a painful position, or so I am told.
I don't understand why this is a problem...?
It allows them to run Linux desktops/laptops instead of being slaves to MS's operating systems, paying fees for something they don't need.
We should be happy about that, not upset.
That was sorta pointless.... I saw it last night no less then FIVE times on alt.binaries.starwars, and twice on alt.binaries.sounds.mp3 ....
:)
Yeah, pulling it will SURE be effective. Maybe when the recording industry catches a collective clue about the net, they'll be more effective.