June 28, 2007
What's Open Source Worth on Wall Street?
"The open source model, as Red Hat has proven, can be extremely profitable," says Kevin Harvey, a general partner at Benchmark Capital, and MySQL's chairman. "It's not a story of profits at first; it's a story of profits you'll generate as you grow." MySQL would like to see considerably more growth, even before selling stock to the public. It would do that in part by upping the percentage of paying customers.