October 27, 2008
Canonical is not cash flow positive
Author: JT Smith
Ubuntu Founder Mark Shuttleworth admitted today his company is not cash flow positive. That's despite the fact that Chris Kenyon, director of business development at Canonical told me that Canonical has 8 million users and growing revenues. On a conference call with press and analysts today, Shuttleworth said some really amazing things about his business and it's lack of currently profitability and his view that the money isn't on the Linux desktop.