Originally posted by xeekei
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Canonical Is Reportedly Considering An IPO
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Originally posted by Luke_Wolf View PostThe problem is a company that is losing money going public is about one of the worst ideas there is. If someone attempts it, they better have a damn good gambit that they're planning for making money to back it up. Otherwise it's just going to the guy who is already in a hole and tossing him a shovel (which then happens to be on a collision course for his head).
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We also need Canonical. I am not an Ubuntu user, but they are the only ones with a remote shot at making Linux on the desktop matter. Even if you believe Ubuntu is the worst distro, it is still better than Windows having 90% of the market. If we could just break 10% it would change a lot.
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Originally posted by chrisb View Post
Around 70% of companies are money-losing at IPO time. It's not that important to investors. What investors care about are the forecasts about how much more money the company will make in the future. For example, Box.
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Originally posted by xeekei View PostWe also need Canonical. I am not an Ubuntu user, but they are the only ones with a remote shot at making Linux on the desktop matter. Even if you believe Ubuntu is the worst distro, it is still better than Windows having 90% of the market. If we could just break 10% it would change a lot.
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Originally posted by Luke_Wolf View PostA company that has not made a profit since it's creation 10 years ago , now wants to take on what effectively amounts to uninsured micro-loans, presumably to attempt to expand their operations... Shuttleworth are you actually actively trying to destroy your own company? Is that what Mir was really all about? Because this right here is basically guaranteed to kill it. You're going to get a big IPO since you're canonical and thus a popular name, and then you're going to try to expand, and everyone is going to pull out on your already unprofitable company and then because the money is no longer there and you over extended yourself you're going to crash, and Shuttleworth won't be able to bankroll you.
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Originally posted by Luke_Wolf View PostThe problem is a company that is losing money going public is about one of the worst ideas there is. If someone attempts it, they better have a damn good gambit that they're planning for making money to back it up.
It seems to me that the waters and borders could get murky really fast in regards to competitors buying Stock in Canonical - Microsoft or Apple would jump at the opportunity to buy stock in Canonical and set out to derail Ubuntu from ever being serious competition to Windows / OS X. Eventually Canonical could be snuffed out of existence much like PearOS, Nokia, etc... - I realize this isn't a direct buyout, but when people have their money comingled in your venture you become a dancing performing monkey.
Additionally, Canonical & Ubuntu are big Linux names - we all benefit when they succeed, this whole IPO thing makes me very concerned.
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Originally posted by ElectricPrism View Post
Operating in the red is a terrible introduction, I totally agree.
It seems to me that the waters and borders could get murky really fast in regards to competitors buying Stock in Canonical - Microsoft or Apple would jump at the opportunity to buy stock in Canonical and set out to derail Ubuntu from ever being serious competition to Windows / OS X. Eventually Canonical could be snuffed out of existence much like PearOS, Nokia, etc... - I realize this isn't a direct buyout, but when people have their money comingled in your venture you become a dancing performing monkey.
Additionally, Canonical & Ubuntu are big Linux names - we all benefit when they succeed, this whole IPO thing makes me very concerned.
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