It was 26 years ago this week, on Aug 11, 1999, that Red Hat, the Linux vendor, conducted its IPO. It was not the biggest IPO of 1999, and it wasn’t even the biggest Linux-related IPO of 1999. But Red Hat was one of the survivors of the dotcom era, exiting as a result of an acquisition more than 20 years later. Investors may have initially been divided on the company but in the end the naysayers were wrong.
Red Hat’s successful 1999 IPO










