Red Hat now worth $4.5 billion

Nathan Newman nathan.newman at yale.edu
Tue Aug 17 15:01:50 PDT 1999


Re: the Red Hat IPO, there is a fun little page at http://prosthetic-monkey.com/RHWM/ called the Red Hat Wealth Monitor that is a bit of a prod to Red Hat and the open source community to push the idea that the IPO value belongs largely to the community, and Red Hat has an obligation to return some of it back to that community. It's not a hostile page but a prod.

Last value was $4.5 billion with the claim that $3.9 billion of it belongs to the community based on the lines of code distributed by Red Hat that was created by people other than them.

==Nathan Newman



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