Dion Hinchcliffe is an internationally recognized digital expert, bestselling book author, frequent keynote speaker, analyst, futurist, and transformation expert based in Washington, DC. He is currently Chief Strategy Officer at the industry-leading digital strategy and online community solutions firm, 7Summits.| By TechCrunch | Article Rating: |
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| October 31, 2008 02:01 AM EDT | Reads: |
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Never mind that Sun Microsystems just announced a $1.7 billion loss for its most recent quarter (mostly due to write downs of pricey acquisitions like the $4.1 billion it spent on StorageTek). Never mind that its market cap is only $4 billion, despite having three times as much annual revenues and $2 billion in cash. Never mind that co-founder Andy Bechtolsheim, who returned to help save the company, is now interested in other things.
CEO Jonathan Schwartz has a new plan to get the company back on track. All I’m going to say is that it involves open-source. Schwartz lays it out in the exclusive video interview above, which he conducted a couple weeks ago with TechCrunchIT editor Steve Gillmor. Okay, the interview is with Schwartz’s puppet. But it is an exclusive interview.
(Props to the Puppetman).
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