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Linus Torvalds- VC Money is Good for Open Source 31

Posted by CmdrTaco
from the show-me-the-money dept.
jpheasant writes "Open Source startups are clearly the hottest thing in Silicon Valley right now, with every VC wanting to invest in an open source player. Linus Torvalds finally speaks up about this." This story selected and edited by LinuxWorld editor for the day Saied Pinto.
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Linus Torvalds- VC Money is Good for Open Source

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  • by John Nowak (872479) on Thursday August 17, 2006 @04:07PM (#15929429)
    FTA:
    If open source were a religion, Linus Torvalds, the Finnish engineer who wrote the core of the operating system that would become Linux, would be its prophet.

    RMS? Hello?
  • not deliberately trolling... but he seems like the kind of guy who gets drunk and says things that a lot of people are actually thinking, but are too ashamed to say aloud even when drunk.
    • by hey! (33014)
      There's a particular kind of stupidity that is the exclusive property of the highly intelligent. It is a byproduct of being accustomed to being right when everyone else around you is wrong.

      Ten years ago, Linus could be counted on to say something reasonable, diplomatic and humble in any controversy. Over the last ten years, he has started to develop the kind of verbal swagger that to software engineers is what slurred syllables are to the prize fighter.

      One can only imagine the corrosive effects on the brai
  • It can be necessary, it can be useful, but having been involved with funds from sources expecting an annualized 35% return from an IPO within a very short number of years - be careful! Good smaller businesses can be overwhelmed.

    When you become certain that what you have is scalable and it will suffer from not having the cash to accomplish documentation, marketing and staffing commensurate with the demand, then go for it. Folks on the East Coast might want to talk with Mike Roer http://www.cvg.org/asp/cont [cvg.org]

  • ... Or have I just seen too many war movies lately?

    of course, it's Venture Capital(ist) in case you were wondering
  • And his assertion that "VC" (Viet Cong) money is good for open source just proves it! I didn't want to believe all the stuff that Microsoft has been saying, but this is just too much!

    (I'm kidding... no, really... please mod +1 Funny)
    • I used to work at a startup where the founders would occasionally give venture capitalists the big tour. We rank-and-file workers, well aware that any VC investor would inevitably install its own stooges in senior management and basically undermine and overthrow the company for short-term gain, referred to these people as "Victor Charlie."
  • I guess it's easy, if you have a long ongoing project, but who could you contact, if you have an OSS based idea and need some money to create a prototype?

While money can't buy happiness, it certainly lets you choose your own form of misery.

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