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When you think about it, it's crazy it took them this long to make $2B in revenue. It took them 23 years since it was founded in 1993. Facebook hit $2B in reven
by IamFermat 11y ago
When you think about it, it's crazy it took them this long to make $2B in revenue. It took them 23 years since it was founded in 1993. Facebook hit $2B in revenue 6 years. Which is crazy when you look at the comparison and RH is the most successful open-source co. Open-source is a failed model for commercial success.
- rwmj 11y agoAnother way to look at it is that proprietary software vendors drain massive amounts of money out of the world, far in excess of the value they generate.
- infinite8s 11y agoHuh, why is that? Corporations don't like spending money just for the hell of it.
- rwmj 11y agoLock in, and the power of a government-granted monopoly.
- anfroid555 11y agoBut advance server didn't come out until 2002 when they started the charge model. Also Facebook is a complete driven market of selling idiots person information and advertising.
- riffraff 11y agoFast growth is not the same thing ad success, slow growth does not mean failure.
- onion2k 11y agoOpen-source is a failed model for commercial success. If "time to $2bn revenue" is your measure of success then 99.99% of software companies haven't made it, so presumably the entire industry has failed.
- diskcat 11y agoWe live in a weird world where making $2B counts as a failure because somebody else did it faster than you?