They're his day job after all.
He claims in today's post to be unhappy over the dilution, but devotes most of his discussion on the subject to talking about the growing role SAP Capital (which led the latest Alfresco round) and Intel Capital are playing in backing open source.
While other analysts feel companies are getting cash while the getting is good, there are plenty of other questions to play with here:
- So what's Alfresco's revenue look like, after Matt's own rampant speculation?
- What will be the role of corporate venture funds, like SAP, especially if we go into a downturn?
- When do all these start-ups start bumping into one another -- does an ECM really need social networking functionality?
- Will insider-bloggers still be as forthcoming if times get bad?
My own guesses on these questions are not huge, a real squeeze, yes why not, and it's not going to be up to them.
Your mileage may vary.