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VCs left holding worthless IPO shares

Author: JT Smith

CNET: “Keep that champagne on ice.

With skyrocketing IPOs now a distant memory, some venture capitalists are finding their shares
under water by the time they have their first opportunity to sell.

Reports from seasoned firms such as Oak Investment Partners and Crosspoint Venture Partners
buck the perception that VCs usually walk away with IPO profits–regardless of whether a stock
has faltered in its first months on the open market or is languishing way below the offering price.”

Category:

  • Open Source

“MS welcomed with Open-Source arms”

Author: JT Smith

Wired: “Relations between Microsoft and the open-source community have been prickly at times, but there are hints at a meeting of the minds … maybe.”

New novel is “open source,” says author

Author: JT Smith

ComputerNewsDaily: Douglas Rushkoff isn’t your ordinary writer. His new novel,
“Exit Strategy,” isn’t quite your ordinary novel.

For one thing, it’s online.

And for another thing it’s interactive at www.yil.com/exitstrategy. That
means, you, yes you, can help Rushkoff write his book.

” ‘Exit Strategy’ is an open-source novel,” Rushkoff says. “The story
I wrote is merely the starting place for what I hope will be a lively
interaction between all of us.”

Category:

  • Linux

PC prices plummet 30 percent

Author: JT Smith

PCWorld: “Go buy a PC.

If you’re considering replacing an old computer, or buying a second one, now is the time. Choose carefully, and you can bring
home a hardy system from a big-name vendor for under $700. Power-hungry? Prices on high-end systems have also
plummeted–in excess of 30 percent since last fall–and you might even get a free PDA or printer out of the deal.”

Category:

  • Unix

Wednesday 25 July 2001 NYC Wireless meeting

Author: JT Smith

“NYC Wireless is a volunteer effort to provide New York City with free
public wireless Internet access.”

Date: Wed, 25 Jul 2001 03:39:02 -0400
From: secretary@lxny.org
To: editors@newsforge.com


From: Miranda Sofia Berner All are welcome to the NYC Wireless meeting tomorrow, Wednesday, July 25th at 7:30pm. NYC Wireless is a volunteer effort to provide New York City with free public wireless Internet access (802.11). All are welcome. 7:30pm, July 25, EarthPledge Foundation. 149 E. 38th St. between 3rd Ave. and Lexington. FYI - These meetings tend to start at precisely 7:30pm and then we usually go to the Ginger Man after. For more information, see: http://www.nycwireless.net/ Miranda.
Distributed poC TINC: Jay Sulzberger Corresponding Secretary LXNY LXNY is New York's Free Computing Organization. http://www.lxny.org

Creating Debian root filesystems for user-mode Linux

Author: JT Smith

DebianPlanet: “I’ve recently been playing with UML (User-Mode Linux), and noticed that their Debian
root FS is pretty old. While a newer debian FS would be nice, what would be even
nicer would be a way of using apt-get (and maybe debconf) to create a custom root FS
for use with UML.”

Category:

  • Linux

Why SGI should be in Apple’s eye

Author: JT Smith

Kelly McNeill writes “In this uncertain economy, to gain a competitive advantage over rivals in the computing industry, a business must do three things: maintain an efficient company, produce compelling and class-leading products, and define and consolidate its industry. For Apple Computer, hitting those marks necessitates expansion, and of all the eligible companies for Apple to acquire, SGI most closely fits the bill.”

Category:

  • Open Source

Commercial support for Debian, does it make sense?

Author: JT Smith

Debian Planet asks if it makes sense to support the Debian flavour of Linux commercially, citing a few reasons why it might be a good idea.

Category:

  • Linux

Congressmen seek .kids TLD

Author: JT Smith

MSNBC reports that two US Congressmen are attempting to force the Internet Corporation for Assigned Names and Numbers to introduce a “.kids” domain for a child-safe area on the Internet.

Tracking web surfers relates to customer experience, right?

Author: JT Smith

Kelly McNeill writes “I recently read online about the apparent need for professionals with experience in the analysis of Web site traffic. What struck me when reading the comments posted by users who responded is that so many readers claimed to have that important skill and supported their claims by describing their technical prowess. What few of those posters realize is that Web sites only benefit marginally from analyzing site data. The business community knows how to measure income and profits and the proverbial bottom line, but most are still struggling with e-metrics — the metrics for measuring Web site success.”