Comment by nickysielicki
7 years ago
I really don't understand this. Redhat has been very profitable lately, what do they stand to gain from this? Why do they need cash so badly, what are they investing in?
Their success is so dependent on having management that understands how unique their business model is, I just can't understand why they'd be so desperate for cash that they'd risk screwing that up. Even if you have confidence that it's going to be fine for the next 5 years, what about 15 years from now? They've signed their soul away.
They don't need the cash, they want the cash. What management and shareholders stand to gain from it is cashing out. That's the way business works. Not saying it's the way things should be, just the way they are.