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De - Pt| Proverbs, aphorisms, quotations (English) | by Linux fortune |
| New Linux Companies Hope To Get Rich Quick (#4) The buzz surrounding Linux and Open Source during 1999 has produced a large number of billionnaires. However, people who weren't employed by Red Hat or VA Linux, or who didn't receive The Letter, are still poor. The visionaries at The IPO Factory want to change all that. As the name suggests, this company helps other businesses get off the ground, secure investments from Venture Capitalists, and eventually hold an IPO that exits the stratosphere. "You can think of us as meta-VCs," the IPO Factory's founder said. "You provide the idea... and we do the rest. If your company doesn't hold a successful IPO, you get your money back, guaranteed!" He added quickly, "Of course, if you do undergo a billion dollar IPO, we get to keep 25% of your stock." The company's first customer, LinuxOne, has been a failure. "From now on we're only going to service clients that actually have a viable product," an IPO Factory salesperson admitted. "Oh, and we've learned our lesson: it's not a good idea to cut-and-paste large sections from Red Hat's S-1 filing." | |
| innovate /IN no vait/ vb.: 1. To appropriate third-party technology through purchase, imitation, or theft and to integrate it into a de-facto, monopoly-position product. 2. To increase in size or complexity but not in utility; to reduce compatibility or interoperability. 3. To lock-out competitors or to lock-in users. 4. To charge more money; to increase prices or costs. 5. To acquire profits from investments in other companies but not from direct product or service sales. 6. To stifle or manipulate a free market; to extend monopoly powers into new markets. 7. To evade liability for wrong-doings; to get off. 8. To purchase legislation, legislators, legislatures, or chiefs of state. 9. To mediate all transactions in a global economy; to embezzle; to co-opt power (coup d'état). Cf. innovate, English usage (antonym). -- csbruce, in a Slashdot post | |
| Recent investments will yield a slight profit. | |
