Comment

Comment by TAForObvReasons

It’s not sudden and it’s not limited to python libraries.

The popular open source projects make great targets for low-multiple acqui-hires, derisking the investment. They also have huge established branding and generally obvious opportunities for displacing existing players. In a non-zero interest rate environment, those factors make established open source projects a more appealing bet.

Since they mentioned the company, undercutting and eating the market share of DataBricks is enough to appeal to some investors.

No comments yet

Be the first to share your thoughts.

Live from the official Hacker News API

A modern reader for Hacker News · SvelteKit + Skeleton