LWN: Comments on "Red Hat borrows $500 million"

interest-free loan ?

stock — Mon, 12 Jan 2004 03:07:37 +0000

"Every enterpreneur know: Raise money when you can, don't wait until you
need 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.

Red Hat borrows $500 million

bronson — Sat, 10 Jan 2004 08:05:34 +0000

Is this a joke?? I honestly can't tell.

Red Hat borrows $500 million

tcabot — Thu, 08 Jan 2004 16:06:46 +0000

It's probably not a coincidence that the amount that RH raised is precisely TEN TIMES greater than the amount raised by SCO, and on much better terms. Let's face it, a lot of business comes down to "mine's bigger" so this sends a pretty important message to Darl.

Red Hat borrows $500 million

Luyseyal — Thu, 08 Jan 2004 15:13:41 +0000

Obviously they should buy out Microsoft and silently kill all their products!
-l

Red Hat borrows $500 million

eyal — Thu, 08 Jan 2004 08:27:42 +0000

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.