Venture Capital: Open source startups are hot -- too hot?
"At the WSA Investment Forum earlier this week, Frank Catalano joked that he had discovered at least one way to make money in the burgeoning open source movement.
The technology guru, who was moderating a panel discussion on the topic, then held up a brochure from a law firm that was marketing seminars on open source software.
"When the attorneys are getting involved, you know you are having success," added panelist Stuart Cohen, CEO of the Open Source Development Labs.
But lawyers aren't the only ones looking to cash in on what many believe will be a tectonic shift in the technology industry -- possibly shaking up the way software is developed, distributed and sold.
Venture capitalists are tossing money at open source startups every chance they get, prompting some to utter the dreaded "B" word: bubble.
"As an investment community, we need to not get caught up in yet another bubble," said Blueprint Ventures' Jim Huston. "When you see $15 million blowing into a series A (financing) for an open source company, it is questionable.""
Read more here.
The technology guru, who was moderating a panel discussion on the topic, then held up a brochure from a law firm that was marketing seminars on open source software.
"When the attorneys are getting involved, you know you are having success," added panelist Stuart Cohen, CEO of the Open Source Development Labs.
But lawyers aren't the only ones looking to cash in on what many believe will be a tectonic shift in the technology industry -- possibly shaking up the way software is developed, distributed and sold.
Venture capitalists are tossing money at open source startups every chance they get, prompting some to utter the dreaded "B" word: bubble.
"As an investment community, we need to not get caught up in yet another bubble," said Blueprint Ventures' Jim Huston. "When you see $15 million blowing into a series A (financing) for an open source company, it is questionable.""
Read more here.
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