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This is some big news from MySQL (the company). They have cash and are planning an IPO.
This is some big news from MySQL (the company). They have cash and are planning an IPO.
Quote
The company garnered about $50 million in revenue in 2006, Mickos said in an interview at the MySQL Conference and Expo here. That compares with $6.5 million in 2002 and about $34 million in 2005, according to earlier figures Mickos cited in a speech two years earlier. Of the company's bottom line, Mickos said, "Profitability isn't a specific goal yet, but we aren't burning cash. We go a bit above breakeven, a bit below breakeven."