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>They gotta eat, how do you propose to feed them? They managed to do that just fine pre IBM acquisition
by ilyt 3y ago
>They gotta eat, how do you propose to feed them?
They managed to do that just fine pre IBM acquisition
- wmf 3y agoCommercial pure open source was a ZIRP phenomenon.
- sudosysgen 3y agoNo, it isn't. Selling support is actually profitable. Red Hat is an example of that, in 2018 they had a very healthy 13% profit margin, and they are still profitable to this day. Red Hat wasn't in debt either, it had net assets. I don't see how the end of ZIRP had a disproportionate negative impact on Red Hat's financial, they were and are doing just fine.
- apple4ever 3y agoAnd they have said that support revenue is up 17% YOY for 2022! They are doing just fine with it, but they want MAOR.