Techno-News Blog

June 20, 2010

The open-source entrepreneur

Filed under: Uncategorized — admin @ 12:25 am

by Maggie Shiels, BBC

Not long after the Red Hat IPO, Mr Young made way for a new CEO. Today, he runs a self-publishing platform called Lulu along the same lines as he ran Red Hat and with the aim of doing good. “I started Lulu not to make money, but to make the world a better place. “I want to enable authors right now who are getting rejection slips from publishers and give them a platform that they decide what they publish and when they publish it and who they publish it for. Last year, Lulu created 400,000 titles and sold over 1.6 million books. The company claims more than 1.8 million users.

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