open source companies

also referred to as: open-source companies

4 statements across 4 episodes · 0 bullish · 0 bearish · 4 people on the record · first statement Nov 13, 2019 by Mike Volpi · across every show →

Everything said about open source companies, oldest first

Nov 13, 2019
Assertion Supported
Volpi: Employees write 95% of code in open source startups
“Nowadays, most of these open source companies, you know, 95% of the code is written by employees, and the five percent are like patches or connectors or something like that that the community is building.”
Mike Volpi Nov 13, 2019 ▶ 12:37 Fireside Chat: Mike Volpi, General Partner, Index Ventures (FirstMark's Data Driven NYC)
Dec 11, 2020 neutral
Assertion Not checkable as stated
Lowin: Very few open-source projects turn into successful commercial businesses
“The number of successful companies that have actually iterated on this open source, The number is very, very, very small, and it's especially small relative to the denominator, which is much larger because the cost of entering the market is so low.”
Jeremiah Lowin Dec 11, 2020 ▶ 40:12 Fireside Chat: Jeremiah Lowin (Prefect), Tristan Handy (dbt) with Matt Turck (Partner, FirstMark)
Apr 27, 2021
Insight
Open-source companies must target massive markets to offset unmonetized usage
“The most successful open source companies go after big markets because by definition you can't monetize all your usage.”
Dev Ittycheria Apr 27, 2021 ▶ 42:08 Fireside Chat: Dev Ittycheria (President & CEO, MongoDB) with Matt Turck (Partner, FirstMark)
Jan 30, 2025
Insight
Borgman: Open-source companies should monetize performance and security features
“Things around performance and security are very logical places to kind of draw some lines where you know that enterprise customers value that and you know, that's something that can be monetized.”
Justin Borgman Jan 30, 2025 ▶ 26:39 Trino, Iceberg and the Battle for the Lakehouse | Justin Borgman, CEO, Starburst
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