Subject: Re: low signal
From: Russell Nelson <nelson@crynwr.com>
Date: Sun, 28 Oct 2001 15:04:13 -0500 (EST)
Chris Maeda writes:
> The investment community only cares about highest
> risk-adjusted return in the shortest time. You
> have to show how an FSB can achieve this in order
> to get funding, not that some other set of criteria
> is more appropriate.
Well, no, he doesn't. Cygnus was funded by its founders and by
internal reinvestment. And I believe that the last quarter Redhat
made a profit (EBITDA aside), it was owned in the same manner. Why
are people acting as if a company cannot grow purely through
self-funding? Such a company cannot grow quickly, true, but it can
grow.
There's more to a FSB than funding.
--
-russ nelson <sig@russnelson.com> http://russnelson.com
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