TAForObvReasons
Joined 10 years ago
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Recent submissions
Comment · 2 years ago
This seems to ignore the first part of the story, where Hashicorp builds up a community around an open source project and relicenses the project. OpenTofu and now OpenBao wouldn't have happened if Hashicorp didn't relicense in the first place.
Comment · 3 years ago
Creators with decent-sized portfolios will just train their own models.
> He told me the training process took about 2.5 hours on a GPU at Vast.ai, and cost less than $2.
This is a SaaS waiting to happen.
https://waxy.org/2022/11/invasive-diffusion-how-one-unwillin... This was on the front page last year.
Comment · 3 years ago
Valve's 2 hour refund option came in direct response to a 2014 lawsuit from the Australian Competition and Consumer Commission[1].
Rod Sims, head of ACCC at the time, asserted that Valve's original no-refund stance broke Australian law.
> Under Australian Consumer Law, everybody who buys a product or a service has a right to a refund if the product doesn’t work. They have a right to a refund, or a repair. Those rights are enshrined in Australian Law, and our allegation is that Valve sought to remove those consumer rights which is a breach of Australian Consumer Law
[1] https://gizmodo.com.au/2014/08/accc-commissioner-heres-why-w...
Comment · 3 years ago
Is it any more shortsighted than using the "open tools" in the first place? There will be integration costs and maintenance of integration with open tools. You may not be able to pay anyone for support issues because those people may not provide the sort of customer support you expect when you pay someone.
Comment · 3 years ago
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.
Comment · 3 years ago
> You either die a hero or you live long enough to see yourself become the villain
Comment · 3 years ago
You are intentionally misrepresenting OP.
> When will VC companies stop *conflating source available with open source*?
*Misrepresenting* "open source" is the problem. "source available" is the correct phrase
Comment · 3 years ago
> It is difficult to get a man to understand something when his salary depends upon his not understanding it.
- Upton Sinclair
Comment · 3 years ago
Discord video calls also beat the pants off Teams, Zoom, and Meet.
Comment · 3 years ago
The author of Zod had an insightful comment on FOSS and monetization https://twitter.com/colinhacks/status/1422222156340072456
> whether an OSS project lends itself to monetization is a really interesting and subtle question. rule of thumb, be at least two of these: big, boring (roughly correlates with "infrastructural" as @patio11 puts it), and lacking obvious substitutes
The monetization strategy is only a part of the viability story.
Comment · 3 years ago
This is still happening today. There are multiple VC groups trawling through GitHub trending and star lists to find potential investment targets.
The Shopify acquisition of Remix (https://news.ycombinator.com/item?id=33405997) established the viability of this investment strategy.