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Red Hat borrows $500 millionRed Hat borrows $500 millionPosted Jan 8, 2004 8:27 UTC (Thu) by eyal (subscriber, #949)Parent article: Red Hat borrows $500 million Red Hat may have some undisclosed concrete plans for this money, but even if they don't they have done the right thing. Every enterpreneur know: Raise money when you can, don't wait until you need it (because than it's much harder to get it). Eyal.
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interest-free loan ? Posted Jan 12, 2004 3:07 UTC (Mon) by stock (subscriber, #5849) [Link] "Every enterpreneur know: Raise money when you can, don't wait until youneed it (because than it's much harder to get it)." I agree, when someone's buggering about business, its always about time and money. (space also of importance?). Anyway having a cash reserve which responds within seconds is a good thing to have. The 0.1% makes it almost a interest-free loan, which seems to me like RedHat must have some Big Dad taking care and act as extra underwriter. Its a good thing to read, however it depends on what RedHat is going to do. I'd say the best thing to do is to continue business as usual. Purchasing some company which cost $500 million, might lead to more millions of unexpected costs.
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