"We do not expect to generate sufficient revenues to achieve profitability and, therefore, we expect to continue to incur net losses for at least the foreseeable future. If we do achieve profitability, we may not be able to sustain it. Failure to become and remain profitable may materially and adversely affect the market price of our common stock and our ability to raise capital and continue operations."
Anyone else finds this alarming?
The problem the online community and the worst open source fanatics have is that they simply fail to understand the simple fact that companies _and_ the people who work there must make money in order to be able to pay their bills.
It's just as simple as that. It's nice to get things for free but a healthy economy can never be built on sharing (ask the former communist countries).
I'm all for online communities and magazines. I'm also all for open source (as in getting the source to software you use). But PAYMENT must be included in all those business models.
If you run online magazines request that the banks hurry up in the development of micropayments.
If you develop open source software. Request money for it's END USE but let people do whatever they want with it otherwise.
You are saying that you would be able to spot a well hidden backdoor in a 500.000 lines of code program?
That is just bull...
Re:Isn't a surprise. Read this please.
on
Suck Stops Sucking
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· Score: 1
I don't know what kind of slave-labour you have but the mentioned figures seems to be a bit low. They certainly isn't to high as you suggest.
RMS and the rest of the OSS gang is of cause out of touch with reality when they calculate minimum required company income from the US-typical yearly income of $35000/individual. A company run by them would go out of business in two seconds.
But on the other hand, they are out of touch with reality when it comes to many things:)
A major company that runs Linux is a company there the legal department hasn't understood what it means.
No one is responsible for anything and that is just unacceptable.
Imagine if BMW get motor parts for free from free labour. Now cygklos support is there to help them if it don't work. How does this help them when the cars blows up?
Some one must be responsible, "no warranty" means "not usable" in big business.
Slashdot Mirror
"Some sites turn to donations to pay their bills - while some can become quite successful this way - eventually, that money will dry up too. "
Donations isn't a solution.
"We do not expect to generate sufficient revenues to achieve profitability and, therefore, we expect to continue to incur net losses for at least the foreseeable future. If we do achieve profitability, we may not be able to sustain it. Failure to become and remain profitable may materially and adversely affect the market price of our common stock and our ability to raise capital and continue operations."
Anyone else finds this alarming?
The problem the online community and the worst open source fanatics have is that they simply fail to understand the simple fact that companies _and_ the people who work there must make money in order to be able to pay their bills.
It's just as simple as that. It's nice to get things for free but a healthy economy can never be built on sharing (ask the former communist countries).
I'm all for online communities and magazines. I'm also all for open source (as in getting the source to software you use). But PAYMENT must be included in all those business models.
If you run online magazines request that the banks hurry up in the development of micropayments.
If you develop open source software. Request money for it's END USE but let people do whatever they want with it otherwise.
Couldn't agree more.
It is nice to get things for free but in the end it always comes down to the fact that the people producing it must get paid in order to survive.
Same goes for software.
The online community has been getting used to not paying for anything.
And that is a really big problem now then the venture capital is gone.
"Many in the geek and hacker universe have arrogantly underestimated Big Media as being both toothless and clueless. "
Ehhh? What?
WFT are you talking about, it certainly isn't "Big Medias" fault!
The one and only problem here is that THEY DON'T MAKE MONEY. End of story!
The very same problem the open source companies have out there. Companies (and their employees) must make money to survive, welcome to reality!
I all western countries the laws of ethics surrounding companies are quite strikt.
If they are going out of business they are obligated to inform all customers and help their customers all they can before they close the door.
In this case this means making sure all customers get their data back.
You are saying that you would be able to spot a well hidden backdoor in a 500.000 lines of code program?
That is just bull...
I don't know what kind of slave-labour you have but the mentioned figures seems to be a bit low. They certainly isn't to high as you suggest.
:)
RMS and the rest of the OSS gang is of cause out of touch with reality when they calculate minimum required company income from the US-typical yearly income of $35000/individual. A company run by them would go out of business in two seconds.
But on the other hand, they are out of touch with reality when it comes to many things
A major company that runs Linux is a company there the legal department hasn't understood what it means.
No one is responsible for anything and that is just unacceptable.
Imagine if BMW get motor parts for free from free labour. Now cygklos support is there to help them if it don't work. How does this help them when the cars blows up?
Some one must be responsible, "no warranty" means "not usable" in big business.
Someone mod the parent up! It's a text that every OSS developer should read and then think out a WORKING business model.