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>That's the RedHat model and... well it's pretty dead. No startups today are predicting that will be the profitability scenario for their company since the para
by M2Ys4U 3y ago
>That's the RedHat model and... well it's pretty dead. No startups today are predicting that will be the profitability scenario for their company since the paragon of the model, RedHat, had to sell themselves to IBM.
RedHat had $3 billion in gross revenue ($434 million net) in 2018 before the IBM acquisition and that was UP 15% from the previous year.
They didn't have to sell themselves. They chose to.