Mark Shuttleworth ponders a Canonical IPO

Canonical is currently a private company, which means you can’t buy or sell shares of stock on the open market. But that may eventually change, according to a recent article on ZDNet.

SJVN reports for ZDNet:

Shuttleworth, who has funded the popular Linux company out of his own pocket since its founding in October 2004, said that while a final decision has not been made, “He’s seriously thinking about taking Canonical public.”

What’s prompting Shuttleworth to think about taking the company public is that, “We now have a story that the market will understand.”

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