Debt Free

This morning I went to the bank and paid off a rather large loan.

A little over two years ago David and myself put our houses on the line to borrow enough money to purchase the OpenNMS version 1.0 copyright from Raritan. We did this for a number of reasons, not the least of which was to insure that we never got into another situation like the one with Cittio.

It was scary, since both my personal and business philosophy is strongly against debt, but we figured the benefits outweighed the risks. The loan was a three year note, and we paid it off early, which I guess says something positive about the current financial health of the company.

Anyway, I’m in a great mood and felt like sharing, and I wanted to poke a little fun at the naysayers who think you can’t make money in open source.

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