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submitted 1 year ago by imAadesh@lemmy.ml to c/linux@lemmy.ml

Reading about FOSS philosophy, degoogling, becoming against corporations, and now a full-blown woke communist (like Linus Torvalds)

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[-] tal@kbin.social 31 points 1 year ago* (last edited 1 year ago)

https://moneyinc.com/linus-torvalds-net-worth/

How Linus Torvalds Achieved a Net Worth of $150 Million

Red Hat and VA Linux went public, and since they acknowledged it would not have been possible without the programmer, Torvalds received shares reportedly worth $20 million. Before it went public, Red Hat had allegedly paid Torvalds $1 million in stock, which the programmer claims was the only big payout he received.

He revealed that the rest of the stock Transmeta and another Linux startup awarded him were not worth much by the time he could sell them. However, in the case of his Red Hat stock, it must have been worth his while because, in 2012, Red Hat became the first $1 billion open-source company when it reached the billion-dollar mark in annual revenue.

Whether he exercised his stock options is unclear, but the money he makes from the gains could be the reason why his net worth has continued to soar.

Well, that's one definition of being communist, I suppose. Myself, I think that it's fairly safe to say that Torvalds is okay with private ownership of industry.

[-] finnie@lemmy.world 7 points 1 year ago

I don't even think the meme is about communism as much as it is just venting about how corps turned free-software into the panopticon it is today.

But Idc if Torvalds is a Marxist bc I'm not either, but marx wrote about how the proletariat should own stocks, so that isn't even disqualifying tho.

And tbh I think most "marxists" just adopt that term because our political discourse is so corrupted that anyone who thinks that we shouldn't curb-stomp an Amazon employee for wanting a bathroom break is treated like they're Mao anyway.

[-] cloudy1999@sh.itjust.works 2 points 1 year ago

I had to look up the panopticon reference, so I thought to share with others: 'A proposed prison of supervision, so arranged that the inspector can see each of the prisoners at all times without being seen by them: proposed by Jeremy Bentam.'

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this post was submitted on 26 Sep 2023
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Linux is a family of open source Unix-like operating systems based on the Linux kernel, an operating system kernel first released on September 17, 1991 by Linus Torvalds. Linux is typically packaged in a Linux distribution (or distro for short).

Distributions include the Linux kernel and supporting system software and libraries, many of which are provided by the GNU Project. Many Linux distributions use the word "Linux" in their name, but the Free Software Foundation uses the name GNU/Linux to emphasize the importance of GNU software, causing some controversy.

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