Does anyone have info on what price early investors got the shares?
Retail launches are always designed to let them cash out with big multiples no matter what the price does.
I remember buying something I thought was “early” for $5 a share and later we learned the real earlies got in for $0.25. I was able to sell somehow at a price of $12 in the mania after it launched, but of course it eventually bled out down to $0.25 and beyond because of the constant selling from the insiders. They were always in profit, what did they care?
MySQL is named after the founder’s daughter—My ( pronounced me by the way ). He sold it to Oracle and then, because it was Open Source, he forked it to create MariaDB. The name of his other daughter is Maria.
Many open source projects have startups behind them putting in all the work, usually with the hope of monetizing it. Which is a really hard problem - the choices are support and services (the software is FOSS but you sell support and implementation/review services to enterprises - what Red Hat used to do), or open core (only the core software is FOSS, and there are proprietary Enterprise versions with more Enterprise features). Neither are obvious and many open source startups fail.
Retail launches are always designed to let them cash out with big multiples no matter what the price does.
I remember buying something I thought was “early” for $5 a share and later we learned the real earlies got in for $0.25. I was able to sell somehow at a price of $12 in the mania after it launched, but of course it eventually bled out down to $0.25 and beyond because of the constant selling from the insiders. They were always in profit, what did they care?