Bob Young ( businessman ) Robert " Bob " Young is a serial entrepreneur whose biggest success has been Red Hat Inc , the open source software company . He is also the owner of the Hamilton Tiger - Cats of the Canadian Football League . He was born in Ancaster , Ontario , Canada . He attended Trinity College School in Port Hope , Ontario . He received a Bachelor of Arts from Victoria College at the University of Toronto . Prior to Red Hat , Young built a couple of computer rental and leasing businesses , including founding Vernon Computer Rentals in 1984 . Descendants of Vernon are still operating under that name . After leaving Vernon , Young founded the ACC Corp Inc . in 1993 . Marc Ewing and Young ' s partnership started in 1994 when ACC acquired the Red Hat trademarks from Ewing . In early 1995 , ACC changed its name to Red Hat Software , which has subsequently changed to simply Red Hat , Inc . Young served as Red Hat ' s CEO until 1999 . After leaving Red Hat he founded Lulu . com in 2002 , a self - publishing web - site that claims to be the world ' s fastest - growing provider of print - on - demand books . He is Lulu ' s CEO . In 2006 Young established the Lulu Blooker Prize , a book prize for books that began as blogs . He launched the prize partly as a means of promoting Lulu . Young also co - founded " Linux Journal " in 1994 , and in 2003 , he purchased the Hamilton Tiger - Cats , a Canadian Football League franchise . Young is strong believer in user - generated content and open source software . In a 2008 interview he described the way that online social media has empowered consumers : Today the Internet connects every single one of your customers , not just to you but to each other . So you produce a lemon of a car and you won ’ t know where to hide because your customers are going to tell each other about it and then the rest of the world about it . So it is actually a fundamentally healthy thing from a consumer point of view . Conversely if you do have a better product suddenly you have these businesses that grow like topsy . If you come up with an innovation that serves , that resonates with customers , the Internet will allow that innovation to spread dramatically faster than any other technology has enabled a new innovation to be adopted in the history of mankind . Young focuses his philanthropic efforts to support an increased access to information and advancement of knowledge . In 1999 he founded The Center for the Public Domain . Young currently supports Creative Commons , the Public Knowledge Project , the Dictionary of Old English , the Internet Archive , ibiblio , the NCSU eGames , and the Bald Head Island Conservancy , among others . Family . Joyce Young , Bob Young ' s aunt , purchased stock in Red Hat Inc . shortly after its founding . When Red Hat ' s stock rose significantly after its initial public offering in 1999 , they sold enough stock to recoup their initial investment , and retained some stocks . By January 2000 , the remaining stock was valued in the millions . In June 2000 , she donated $ 40 million to the Hamilton Community Foundation to be used largely in improvement of Hamilton - area health facilities , an act that represented one of the single largest charitable donations in Canadian history . The couple also made significant donations to the Royal Military College of Canada .