article thumbnail

Open Source Business Model

SoCal CTO

However, there are lots of companies that are making money from open source and freemium models. A friend of mine has a company that builds open source applications in spaces that are a bit less innovative than Elgg, but they do very well financially through the packaging and support models. I understand his frustration.

article thumbnail

How to Compete Against Open Source Competition

Software By Rob

At some point in the past year I watched a video of an Eric Sink presentation and he asked the following question (he said it was asked of him by a college student): Why would someone buy your product when it has an open source competitor? Are there exceptions in the open source world? The UI could kill small animals.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

8 Ways The Maker Movement Turns Ideas Into Businesses

Startup Professionals Musings

In case you haven’t noticed it, the rapid evolution of do-it-yourself (DIY) facilities for developers, including 3-D printers, SketchUp and makerspaces such as TechShop , have scaled down the cost of prototypes and hardware design by an order of magnitude. Quick low-cost design and fabrication alternatives are extremely valuable.

article thumbnail

Pragmatism with Flavor

TechEmpower

A site with a million users is much easier to manage today than it was in 2000. However, a severe budget limitation may tip toward a platform with ready-to-use open source components that can be leveraged as-is or with minimal tweaks. Those requests had better be worth it! So it's not an entirely selfish position.

Guinea 200
article thumbnail

What’s Really Going on in the VC Industry? What Does it Mean for Startups?

Both Sides of the Table

But VC is an “illiquid asset&# so funds didn’t disappear quickly - In 2000/01 the stock market quickly adjusted punishing investors in the NASDAQ and in individual public technology stocks. side note: our last fund at GRP Partners is currently ranked as the 5th best performing fund of the year 2000.

LP 311
article thumbnail

Don’t Sleep on Lightning

Version One Ventures

Up until late August, Lightning Labs had capped the channel capacity and payment size for users of their popular implementation of the network to ~$2000 USD and ~$500 respectively to better protect user funds with experimental software. . Some early open source projects include Whatsatt and Juggernaut. 6) Identity Issuance .

article thumbnail

There’s more to generative AI than picks and shovels

VC Cafe

Consider what followed since November: New foundational models, more efficient ways of training models etc An explosion of open source models, the rise of HuggingFace Breakthrough research across voice, video, text, multi modality, etc Billions of dollars invested in thousands of startups at the application layer of generative AI.