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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.

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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.

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8 Ways The Maker Movement Turns Ideas Into Businesses

Startup Professionals Musings

This new culture builds on hobbyist technologies, extends the open-source inventory of hardware and software, and bridges the gap into real business solutions with other advantages, as follows: Shortens the time and cost from idea to prototype. There are already more than 2000 hackerspaces worldwide, as listed on the Hackerspace Wiki.

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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.

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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!

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What we can learn from the evolution of Content Management Systems

The Next Web

2 nd decade (early 2000): The First Content Management Systems (CMS). Big frameworks and enterprise CMS are starting to loose loosing the game against open source software and systems that were initially very basic tools built by visionary kids. If you wanted a website, you had to pay someone a lot of money to set it up for you.

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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.