MandrakeSoft Improves Financial Health 183
joestar writes "MandrakeSoft's latest financial results have been posted to their website. Despite a slight decrease in revenues - mostly due to the dollar/euro rate and negative effects of the Chapter 11-like protection - first results seem impressive: "the company reduced operational expenses by a factor of 5, increased gross margins by a factor of 5 and reduced its losses by a factor of 7". As a result, MandrakeSoft has been cash-flow positive since January 2003, and expects its first positive result for the current quarter! Along with latest Mandrake Linux cool products, these are excellent news in my opinion because it shows that an appropriate business model can help Linux companies greatly."
Way to go!! (Score:5, Insightful)
Re:Way to go!! (Score:2)
Re:Way to go!! (Score:2)
Nevertheless, shareholders are often short sighted and think this is so good that the CEO gets a hefty bonus...just before he bolts for a new company.
Re:Way to go!! (Score:1)
Mandrake Move (Score:5, Interesting)
Rus
Re:Mandrake Move (Score:5, Informative)
http://rz-obrian.rz.uni-karlsruhe.de/knoppix
Re:Mandrake Move, Texstar! (Score:2, Insightful)
Even better, check out Texstar's [pclinuxonline.com] work which pre-dates MM;
Re:Mandrake Move (Score:5, Informative)
Can't we do that already? I believe most recent motherboards have a BIOS that allows booting from USB. Mine does. Haven't tried it though.
Re:Mandrake Move (Score:4, Interesting)
You'd probably want to get your Beyond Linux From Scratch [linuxfromscratch.org] on to give you something beyond that, e.g., a desktop.
Linux, like all good IT projects, is blessed/cursed with flexibility...
And flexibility, like any good PHB can tell you, is the key to indecision.
good for them (Score:5, Insightful)
Re:good for them (Score:5, Interesting)
IMHO this is great news, and as you say hopefully others will follow this model.
The latest version can be bought of Mandrake [mandrakestore.com] or downloaded from Linuxiso.org [linuxiso.org].
Feel like supporting [mandrakelinux.com] ?
MandrakeClub Subscription (Score:5, Informative)
You are supporting Mandrake (the developers, company, and distribution) through MandrakeClub. There are several benefits [mandrakelinux.com] that are nice to have (select mirrors, a huge archive of Mandrake rpms, and bittorrents for ISO's) not to mention the fact that you are supporting an operating systems designed with you in mind. There are even forums for different languages. This is a volunteer community by-and-large. No one was forced to come because they found Mandrake preloaded on their computer.
You pay for one year, with 4 levels of subscription. A silver subscription gets you most everything you want for $120/year. Remember, you are not just supporting a corporation. You are supporting a free product [mandrakelinux.com] (development, patching, documentation, and web hosting) which brings free software that much closer to everyone (including you).
I do not work for Mandrake. Look at the options yourself. And remember Linux and Mandrake are not free because they don't cost anything - they are free because they are supported by people who believe they should be free.
Re:good for them (Score:2)
What do you mean, are you looking for this [suse.com]?
Re:good for them (Score:2)
Re:good for them (Score:2)
Mandrake is a fine distro, but every time I tried I found some little problems, submited a bug report and hopped on the next version these probl
Comment removed (Score:5, Interesting)
Re:good for them (Score:2)
Several of the previous posts have mentioned a shortage of local Linux suport. This could be a great opportunity for any un/under-employed slashdotters. Put up flyers and such advertizing your services doing Linux installs and maintenence. Not a terrible line of work, and there seems to be a demand.
This nice article on doing freelance technical support [mac.com] has lots of re
Re:good for them (Score:5, Insightful)
Microsoft got where they did by getting in everyone's home and office. For the first 6 years Microsoft almost encouraged piracy of their operating system from the DOS 4.X to the windows 3.11 Era..
This one act, set micrsoft up to gain complete dominance on the desktop... Businesses used Microsoft because that is what people had at home. OS/2 was not really viable as there were very few people that had it at home or in use... it was a rarity.
so do you set up your business IT infrastructure on something that is superior but nobody knows or do you select what everyone is using at home?
Bingo...
MandrakeSoft hopefully realizes that the larger number of small/home users out there the greater the chance of business adoption.
When the CEO starts talking about this Mandrake thing, the CFO hear's that it has a much lower TCO than microsoft (and it really does... the cost of licensing Microsoft products alone makes this case) then things will happen.
Redhat as far as I'm concerned slit their own throat. us end users at home and in garages are who made redhat what is is today because we could reccomend it at work for no cost/risk with the first taste and segway into a full blown server/enterprise + support setup.
Mandrake.... Hope you guys have a better grasp on reality than the rest of the IT industry.
Re:good for them (Score:2)
Re:good for them (Score:5, Insightful)
Where I work, people are always asking me for computer advice (I'm "the IT guy") and in many cases a Mac or a PC running Linux would be what I recommend for their needs, and their first response is always "But I use Windows at work...". I even hear this from people who admittedly prefer Macs, but are so convinced that they don't work with files from Windows machines, they don't consider them a real option.
I don't think redhat cut their throat, in fact they made what is in my opinion a very sound decision. They are focusing on Biz / Org sales instead. It's not a worse choice, just a different one.
Re:good for them (Score:5, Insightful)
DOS was cheap and came with every IBM PC. Windows 3.11 was for the most part free as it took one person to get a new pc with it and then copy the 10 floppies for friends. (I know of at least 50 Windows 3.11 installs in 1993 that were that way. and most businesses were that way.)
Now microsoft makes it impossible for that to happen, Steve the IT guy that the rest of the IT people hate gives dan a copy of mandrake and says," this is free, you can give copies to everyone you know, and it has an Office suite built in that is also free." people will pay attention, espically after trying to upgrade their W98 box with XP only to have it complain about not looking legit and asking for them to call Microsoft.
Granted, Linux even Mandrake Linux is not ready for the regular PC user. But, it will be.. and Microsoft is making it easier and easier for the regular user to accept the "difficulties" of Linux+Mandrake..
Remember only about 6 years ago people were using DOS, having to fight with config.sys and autoexec.bat files to get a game to run. asking them to deal with some minor difficulties in Mandrake is really simple if their only other choice is to spend $199.00 to upgrade their OS.
Re:good for them (Score:1)
Re:good for them (Score:2)
To a userbase that doesn't know draconian DRM from fast alt-tab switching, what use is there in some alien system that provides them with security they don't care about in exchange for forci
Re:good for them (Score:1, Insightful)
But my assumption only holds if the DRM isn't cracked, which i'm sure there will be workarounds for it... sigh...
Re:good for them (Score:2)
Whoa. Hold on here. TCO means Total Cost of Ownership. The cost of licensing MS software may be high, but the whole idea of TCO is that this is only part of the picture. Whether it's the lion's share or not depends on the size of the transition, the organization involved, and whose numbers you trust.
Yes, you're right, if you're an enterprise with no ties to current software, a goo
Re:good for them (Score:1)
Office? it certianly can be repl
Re:good for them (Score:1)
True, I reckon that the biggest breakthrough for free software will be when Microsoft makes a decent anti-piracy system, I first considered Linux when I got sick of ME but saw the major hassle of XP product activation and didn't much fancy paying daft amounts of money for every computer I own every 2-3 years. I
Cough *Fedora* Cough (Score:2)
As pointed out above they obviously didn't drop the home user.
Also I'd like to point out that Mandrake now has a policy of only allowing paying users to access Mandrake linux when it comes out. Only later does the rest of the world get access to it. Since the paying users are the only ones making Mandrake any money its not unlikely that sooner or later Mandrake will stop offering it for Free.
Red Hat still pays developers to code on
Re:Cough *Fedora* Cough (Score:2)
Yes, when 9.2 came out, Club members got privileged access to the ISO-torrents, but at that time anyone could update his current install or do a network install from the ftp mirrors. Plus, of course the ISO's appeared on public P2P networks anyway, and while perhaps not so nice towards Mandrakesoft, this was completely
good business model until... (Score:5, Funny)
Business model? (Score:1, Troll)
I don't think that MandrakeSoft's business model really scales very well.
1. Tell everyone that you're about to go out of business.
2. Ask for donations.
3. PROFIT!
may have worked so far, but it's self-limiting -- as soon as you start to PROFIT!, it becomes hard to claim that you're about to go out of business.
Re:Business model? (Score:5, Informative)
In November 2001, MandrakeSoft introduced MandrakeClub -- a new concept of offering special services and benefits to Club members which also helps the distribution stay true to the Open Source spirit.
They filed for chapter 11 this year. That means they have been asking for donations through the club for two years before they started having real financial troubles.
Re:Business model? (Score:3, Interesting)
That's my point. Simply asking for donations wasn't enough to keep them out of bankruptcy. MandrakeSoft only turned around after telling everyone that they were about to go out of business.
Re:Business model? (Score:2)
In fact, I think they've even opened a new location up north, and after a month or so it started GOING OUT OF BUSINESS! too!
Re:Business model? (Score:2)
Sivaram Velauthapillai
Re:Business model? (Score:2)
> they have been asking for donations through the
> club for two years before they started having real > financial troubles.
But the Mandrake Club is not a donation service... It's a full-featured service...
What? (Score:5, Insightful)
Re:What? (Score:5, Funny)
B2C -> B2B -> B2Chapter11
Re:What? (Score:5, Interesting)
Since staying in business is better than going out of business, quite a while.
In the early 90s, I worked for a company that filed for Chapter 11 protection while I was on vacation.
"D'ah!" thought I.
Not a terrible thing, really. Debt got restructured (read: our creditors took it in the a**), we got rid of a whole lot of things we didn't really need (read: way too much floorspace (including a no-longer-used manufacturing area)), and got out of a lease on said space, moving to a more appropriate-sized office at a much lower per-foot cost. Then came a couple of years of consecutive positive cash-flow, and *poof* we were out of Chapter 11. Never missed a paycheck, got raises during that time, etc.
No big deal from where I stand.
Would it have been better to have had a better handle on what was going on before it got to the point where Chapter 11 protection was necessary?
You bet.
Was it a handy way of saving the company?
Damn skippy.
Re:Creditor's took it in the a**? (Score:2)
Risk is part of a business. You should always be prepared to pay for it if you give out loans or whatever. Unless you are not a capitalist, you only have the "right" to complain if there is some illegal activity going on.
If you invest in the stock market (via stocks or bonds) and if you lose anything, you shouldn't be complaining...
BTW, I'm not saying you DESERVE any of it... all I'm saying is that capitalism is all about that...
Sivaram Velauthapillai
Mandrake is awesome (Score:5, Interesting)
Re:Mandrake is awesome (Score:5, Interesting)
I've found it frustrating because many times I've heard people deride Mandrake because it is so easy to use, and I've especially heard a lot of Debian users deride it (then again, I've heard many Debian users deride anything BUT Debian). I've always thought there was a place for most of the distros out there, and Mandrake is great for beginners, or experienced users who need easy and quick installation.
I'm glad to hear from another distro user (especially an advanced one like Debian) recognizing the value of Mandrake.
Re:Mandrake is awesome (Score:5, Interesting)
Don't knock Mandrake simply because it can be easy to use. It's also just as powerful as anything else, provided you have the experience to use the power-user features. There's nothing that says "just because this system is more obtuse and harder to use must mean it's more powerful!" That's a misconception that a lot of people need to get out of their heads.
Re:Mandrake is awesome (Score:3, Interesting)
Debian excels at remote management. Everything is tuned that way. Everything (EVERYTHING) is administered from the command prompt. (There may be graphical tools as well, but I never install those...I just configure in text.) Want to upgrade packages on a server 5000 miles away? Debian makes that trivial. And you never have to reinstall the OS (barring major catastrophe), so y
Re:Mandrake is awesome (Score:2, Informative)
Re:Mandrake is awesome (Score:2)
Can anyone relate their exepriences with installing software on Mandrake these days? Do they offer anything better than the standard RPM hell? Didn't they start offering some kind of subscription service or something?
I switched from Mandrake to FreeBSD a while back, and I really like FreeBSD's ports system.
You have no clue what you are talking about (Score:4, Informative)
Easy Urpmi [urpmi.org]
Subscription service is a value added service for club members. There you can get the latest test software and then club members test them before they are released to rest of the public. So get a clue before starting to flame.
Re:You have no clue what you are talking about (Score:2)
Re:Mandrake is awesome (Score:2)
Yes, I had to learn more to make things work. Thing is, once I had them working they stayed working. My other complaint was that the Mandrake system of mirrors wasn't terribly reliable. I had no idea where next week's updates w
Re:Mandrake is awesome (Score:3, Interesting)
I'd tried to use Mandrake seriously a while back, and found it virtually unusable for many of the same reasons I find Windows unusable. I grew up in (semi-) elder days, and learned to configure my Linux system the old fashioned way: I'd go to my /etc directory, find the config file, and edit it.
Why did I have to hand-edi
Re:Mandrake is awesome (Score:3, Interesting)
As far as applying the patch to the kernel, well mandrake adds some features like supermount to the kernel they ship which sometimes means that you can't apply the patches but, one mandrake does give you linus kernel in their urpmi repository and secondly, it is equally easy to download a stock kernel and then ap
Re:Mandrake is awesome (Score:2)
Don't get me wrong--Mandrake is a beautiful distribution, very easy to configure and use, and I'd recommend it for anyone who wants an
Re:Mandrake is awesome (Score:1)
I'm not a Linux specialist, but I use it for my server (mail, http/https, ftp) and NAT needs.
I have tried using Linux on my desktop many times, but there's always some game, utility or application I miss from any distro. Be it filesharing, MMORPG or (relatively) easy to use 3D modelling program. I don't want to boot all the time from OS to another to get what I need, so I just have one box for "my work" (Win2k) and another fo
wow, linux is powerful! (Score:4, Funny)
Re:wow, linux is powerful! (Score:1)
Okay. (Score:2, Interesting)
But doesn't Knoppix already do this?
Re:Okay. (Score:4, Informative)
Re:Okay. (Score:2)
Quality impact? (Score:4, Interesting)
I'm quite curious since I use Mdk myself.
Re:Quality impact? (Score:2)
Re:Quality impact? (Score:1)
Re:Quality impact? (Score:3, Insightful)
Mandrake also seems to have a strong "get it out the door" drive. For what it's worth, I'd rather have it ship with a few bugs (I didn't even notice any of the scary bugs on th
Re:Quality impact? (Score:2)
I am curious what wacky thing you did. I am quite positive that this python 2.3 was not for ML 9.1. They practically never release "new version" updates for a package.
So where was this python 2.3 from? A third party? Then don't complain about Mandrak
Mandrake is great - and not only for x86 (Score:3, Informative)
Mandrake does include bleeding edge software, but normally it's mostly optional - you can run a real stable server system if you want to with it. I have used Mandrake as both my standard desktop (both in my computer and my wife's notebook). never got any HW detection problems. Recently I bought an USB Ethernet adapter. Just plugged it into wife's notebook USB port, it started to work. No hassles at all. Period.
Also, Mandrake is my Firewall Solution for years now, as Mandrake was the only distribution that allowed me to use my old Performa 6360 as a firewall.
If this is not important to you, or if you suggest me to use NetBSD for PPC instead, forget it. The 6360 has no video/kdb console accessible and so I had to use the serial console directly - which had instability problems and became completed frozen up from hour to hour.
"But you can connect from the network!"
Nope. The network driver couldn't contact my little ethernet network, and locked up the entire machine. And I don't use RealCrap cards in this server, but an ANA-6922TX card.
So, I,ve tried Mandrake as Yellow Dog didn't install; LinuxPPC was fine but had a pretty outdated selection of packages. I'm glad I've done this.
Now, if I just could find one or two 32 MB memory DIMMs for the Performa to replace my two 16 MB DIMMs...
What can the average user contribute? (Score:1)
Re:What can the average user contribute? (Score:1)
1) C'mon - if you really wanted to, you could find a way to pay - $80 is equivalent to 2 or 3 nights out - 2 or 3 dinner & a movies, or a couple of nights of bar hopping will run just as much.
OR,
2) On the other hand, there is the Microsoft business model to consider. You are using an unpaid for copy of Mandrake. You use it for a few years - you get proficient at it, knowledgeable about it, and come to like it and rely on it. A few years down the road, when you are
That name... (Score:1, Funny)
They might see more subscriptions if they would consider a name change or at least give an alternative, more business-like name to their products.
I, for one, do not like to have an entry for 'Mandrake Club Services', paid to a French company, in my books.
Imagine the astonishment of the taxman when I try to deduct this as a professional expense.
Re:That name... (Score:2, Funny)
Consider Mandrake for the community support (Score:4, Insightful)
Let's face it. People who are trying to learn Linux are going to run into difficulty at some point, period. Sometimes people need to ask simple questions that would get scornful "RTFM n00b!" replies on any other group, but someone in an MDK forum will at least point you in the right direction without ripping your head off.
Linux requires you to know stuff about your OS, and part of the learning curve is learning *how* to help yourself. Snooty attitudes from ubergurus are about as counterproductive as can be.
alt.os.linux.mandrake is an AMAZING resource. Some issues are distro specific and because the MDK user base is so large, chances are someone else had already had that problem and someone else has offered a solution. As a resource for troubleshooting, having access to a large friendly newsgroup (which is fully archived by groups.google.com to boot) that uses your specific distro cannot be understimated.
Now that MDK is the only commercial distro that 1) targets ease of use for the consumer desktop 2) has a significant sized friendly community and 3) allows full ISO downloads for free*, it's a no brainer for anyone wanting to get into linux
*it obviously costs them money to develop or distribute it. Feel free to download the ISOs to try it out, but consider supporting them by buying a retail pack or syearly subscription if you continue to use it.
Up to the EU Competition commissioner now. (Score:3, Insightful)
Red Hat have handed Mandrake the desktop baton. The failure of US Justice department to get anywhere near solving the antitrust issues with current desktops pretty well spoiled the opportunity for Linux desktops in the US. Maybe Lindows will fight the defence on behalf of the US consumer.
Mandrake is delivering on the financials. Now lets see what the EU Commission on competition [eu.int] does on helping to create a level playing field. Will the rights of consumers prevail ? Munich [euobserver.com] is an important proving ground but expect some serious payola [reference.com] to flow to stop other cities. Whats 40 Billion USD work out to be in Euros [oanda.com] now ?.
Re:Up to the EU Competition commissioner now. (Score:2)
Any time a company needs the government to rule a certain way to profit, that company doesn't have a sound business model.
Software is something between customers and consumers. governments may lend a hand in this case, but why does one company, like Mandrakesoft, deserve a government's help, and another company, say, microsoft, deserve a government's crippling legal action?
The
Quality (Score:1)
Company-made reports look pretty but... (Score:3, Insightful)
Great install. Update -- that's another thing (Score:1)
Separate
Re:Great install. Update -- that's another thing (Score:2)
urpmi is your mdk friend.
Your very best mdk friend.
Spend an hour with this, and if you have the hard-drive to do so, create a folder in rootspace, say
blow all the RPMS from the disks into it
Then
urpmi.addmedia -f mrpms file://mandrake/9.2
Then you can use the GUI to look through your media sources, and all the installs can come from that media source.
Be sure to add an "update source" using the GUI interface because that's not very friendly yet, but after that a quick trip to
man
Re:Great install. Update -- that's another thing (Score:2)
After re-reading the parent to this parent I _finally_ understood the issue.
(therin I post, guilty of reading, yet not understanding, gad...)
So there I was, handing out "How to upgrade/install packages from a HD repository" when the original issue deals with the borked/broken "UPGRADE MANDRAKE LINUX" problem. (application of palm to forehead...completed)
Yes, upgrading the entire distro is a broken mess using the Mandrake "upgrade" option from the install menus during boot/install to upgrade Mandrake
Question for current Mandrake Users.... (Score:2)
1) VmWare (workstation edition)
2) VariCAD
3) Win4Lin
The whole thing is $69 USD, seems like a helluva deal.
.
Am I missing something? Are these just "evaluation version"?
Re:Question for current Mandrake Users.... (Score:2)
> version"?
Of course yes.
Diversity = long term health and freedom (Score:4, Insightful)
Only a wide open and long term competition of approaches, value systems and individual people ensures positive progress and yes: freedom!
Good news (Score:2)
Um... (Score:3, Insightful)
Origin of Mandrake's woes (Score:2, Informative)
See their explanation here:
www.mandrakelinux.com/en/future.php3
Briefly, after a profitable first year in 1999 as a small distro maker, they let venture capitalists into the capital.
Those investors brought in a new management team which multiplied the workforce by ten almost overnight and steered the company towards e-learning.
The results of this strategy were catastrophic - Mandrake's burn rate reached 1.5M USD/m
Another important point to support Mandrake (Score:2)
Improving financial health? (Score:3, Insightful)
I'm not sure if it's just rigorous US accounting standards have kept me from the harsh realities of international investing, but I have no idea about Mandrake's debt position, their return on investment, where exactly they're generating cash flow (operating, investing, or financing activities--they're very different) and about fifty other such ratios and line-items and on average fifteen pages of notes that are given for you or very easy to figure out on companies that follow U.S. Generally Accepted Accounting Principles (GAAP).
Compare the annual report of any publically traded U.S. company (here's Intel's annual 2002 report [intel.com]--the PDF is 102 pages) and you'll notice that a lot more information is given to investors and shareholders. We have, off the top of my head, the usual letter to shareholders from the CEO, some "PR fluff", the balance sheet, income statement, statement of cash flows, notes to consolidated financial statements, a signed auditors report indicating you can actually trust the data, segmental data, and thorough management discussion and analysis (MD&A) in which the company's head honchos actually talk about their company's financial health.
I'm not dissing MandrakeSoft in any way, I think their software is top-notch and with the disappearance of Red Hat from the consumer line I think Mandrake has a critical role.
I think it's important for
Mandrake, for example, could be earning all their money from external financing and losing money from operations. That looks good on your income statement but if you don't check the statement of cash flows, you wouldn't know about that and you'd bee royally screwed when those external lenders come to collect. Plus, all I know about their debt situation is that they're in chapter 11--how much debt do they really have? I could think of a hundred other questions not answered by their newsletter.
Mandrake's "newsletter" does not give me the numbers I need to make that sound analysis.
Oh, and before some of you wiseguys respond to this, realise that Enron, et al. are the EXCEPTIONS, not the rules.
Re:Why does everyone care so much? (Score:5, Interesting)
Alot of people, including myself, think that mandrake is the closest thing to a desktop linux for the masses currently available.
Re:Why does everyone care so much? (Score:1)
Re:Why does everyone care so much? (Score:1)
Re: (Score:2)
Re: (Score:2)
Mandrake is a good distro for old users too.. (Score:2)
Re:Really? (Score:2)
Or would you rather them go out of business and have one of the most user friendly distros gone so we're one step closer to having only uber geeks using Linux? Oh -- and if they go under, we'd lose the brand I see the most of on the shelves at Best Buy and other stores.
Re:Really? (Score:3, Insightful)
You might as well go back to the tried and true
That's about a valid "business model" as any.
I don't want to see them go out of business - that's no skin off my ass, really. But to wax poetic about how "this proves that Linux
Re:Really? (Score:5, Insightful)
Troll.. (Score:2)
Your just another troll, not even good enough to do a quick search. I applaud Mandrake and their attempt to build a successful and progressive business model. I'm a member since 2001.
JAPOU (Score:2)
Re:JAPOU (Score:2)
Re:JAPOU (Score:2)
Re:Really? (Score:2)
Re:Really? (Score:5, Insightful)
The CD-ROMs thing.. well, blame LG for producing a drive that CLEARLY violates the specifications and reuses a nondestructive command for a destructive firmware command.
You can point to the earlier stuff all you like-- perhaps only the ONE is still valid though-- but the CD-ROM thing you can't point to Mandrake on.
Re:Really? (Score:2)
I certainly don't mind their ads during install. First of all, they let me download the iso for free, second, you can just do something else while the installer runs, it's not like you have to watch.