So me and some of my friends were discussing the upcoming IPO of Red Hat, the company behind Linux. Now Linux to the best of my knowledge is a free OS that can be downloaded for free by anyone. This sounds great to the casual surfer, but it got us wondering.
Question 1: How in the hell is this company gonna make any money? They don’t charge for their software, and I don’t recall any annoying ads or pop ups that they could sell. Now this has been billed as possibly the biggest internet IPO ever, I haven’t checked recently, but it may have actually gone pulbic by now, but I haven’t checked and compared it to other internet stocks. So where’s the income?
Question 2: We have hypothesized that the stock prices are merely propped up by consumer confidence and stuff like the US economy etc. If there is any truth to this theory what does that say about the stability of the tech stock market?
Now short of disecting the technobabble in their Prospectus, I wonder if you folks who are more worldly that I can shed a bit of light on this for me.
The facts expressed here belong to everybody, the opinions to me. The distinction is
yours to draw…