Open Source gets the build it, flip it religion

Remember my story, The New Road to Riches, from last October. Well, more and more are converting to that religion. Gluecode CEO Winston Damarillo sells his open source venture to IBM, takes the money, runs and starts yet another open source company, Simula Labs. Call it “deja vu all over again” but the company is replicating Glucode’s subscription-based services model and has funding of about $10-15 million. The first two products are ActiveMQ and Mergere. Bruce asks the question, “This is only more good news for open source, but I wonder how long it will be before this bubble bursts? Any guesses?”