Hacker News new | ask | show | jobs
by rodgerd 3383 days ago
Well, Red Hat have demonstrated you can make a lot of money by open sourcing things (including buying proprietary software like ManageIQ and oVirt and open sourcing it). Given that EDB has ex-RHAT folks involved in setting it up, I imagine they're trying to replay the model.
2 comments

I don't see how Red Hat has open sourced anything, the direction they are taking things is proprietary, not open.
RedHat Q4 FY2016 profit: $68M

Oracle Q4 FY2016 profit: $2B

You do realize you're comparing an amalgamation of software companies to a Linux distribution vendor, right? Oracle hasn't just been a database company for ... probably decades.
Apples : Citrus
will oracle be around in 10-20 years? will red hat? which will experience growth?
All things being equal it would take red hat ~30 quarters to make 2bn dollars, or roughly 7 years.

7 years to make what Oracle makes in a quarter.

I don't really have a dog in this fight but just FYI I think you missed ops point.

RedHat contributes to the common good, Oracle for a few millionaires. Therefore they create more value.
Does developing MySQL and Java somehow not contribute to the common good?
FWIW my feeling is that Oracle has made a net negative contribution to the Java ecosystem.
I thought we didn't care about cash flows when valuing tech companies, just growth prospects ;)