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Joseph (JJ) Jacks for COSS Community

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COSS Weekly #115

Here's the one-hundred fifteenth issue of COSS Weekly, the global commercial open source (COSS) company category newsletter, brought to you every weekend by the team at OSS Capital, creators and stewards of COSS Community and Open Core Summit.

We deliver only the most fresh 😋 news from the previous week in COSS across: Funding, Content, Jobs, Liquidity and $COSS (Public Markets).

Last week saw $26.6M in funding announcements from AtomicJar and Argilla, RedHat crossing $1 billion in ARR with OpenShift, $100M+ in acquisitions from Dell and Mirantis, at #1 on HackerNews, COSS on the Tim Ferris podcast, and updates on Nostr, Godot, Rowy, NocoDB, and more!


💰 COSS Funding: $26.6M

  • AtomicJar, making Testcontainers for dev workflows, announced their $25M Series A led by Insight Partners. Link
  • Argilla, transforming data labeling NLP, announced their $1.6M funding round led by Zetta Ventures and Caixa Capital Risc. Link

📚 COSS Content

  • JJ: "Super smart of @NS1 to embrace a fast growing open source community, then spin up/out a dedicated COSS business around it --- not to mention highly relevant to their core business. 👍🏼 Would LOVE to see more of this as a corporate-originated COSS startup formation/funding motion...

  • JJ: "Nostr is really taking off as a leading open source decentralized (token-less!) social media protocol... Learn more:

  • JJ: "SaaS companies all just wrap and exploit open source with a nice UX + business logic. Nothing wrong with that. On the other hand, COSS companies directly sustain open source by being existentially dependent on an open source core... providing fundamental incentives to contribute." Link

  • hardmaru: "Happy to have @Scott_Draves join @StabilityAI as VP of Engineering. Scott joins from Meta's Reality Labs (formerly CTRL-Labs). He's the inventor of Fractal Flames and created the distributed evolutionary computing project called Electric Sheep in the 90s.

  • OpenBB 🦋: "Learn from our PM @JerBouma how to use the OpenBB Terminal for market reports. 900+ commands, data sources, API keys & more in our recorded session with Athens University. Check out our latest blogpost for more details. 🦋

  • Patrick DeVivo: "did you know @github maintains a public database (it's a giant git repo) of CVEs and security advisories for open-source codebases? It's what powers @dependabot from what I can tell. we took it for a spin in @mergestat to see what we could learn:

  • PodRocket: "Michael Jackson (@mjackson) joins to talk about Remix joining Shopify! We cover topics like Hydrogen (the Shopify stack for headless commerce), the future of Remix, and more! Apple: Spotify: Google: #Remix

  • OCV: "Open source is more than a license. It's a company charter. The OCV Public Benefit Company (OPBC) charter is designed to prevent the bait and switch in open core. Thanks to @HeatherMeeker4 for her input.

  • Rowy: "⭐ We crossed 4K stars on Github 😍 and have over 1K members on Discord Join our community of makers, builders, and lowcode / nocode developers:

  • Ondsel: "It's official! Ondsel is now launched. We're an open-core company building around the incredible @FreeCADNews project. We're excited to be working with @OpenCoreVenture. In the coming weeks and months we'll be expanding our team and talking about the exciting plans we have" Link

  • JJ: "Super excited to share that @pabloselener is the latest execute hire we just announced last week at @W4Games --- creators and stewards of @godotengine. 🤝🤖

  • JJ: "Love to see it. Always learn something (sometimes many things) from the orange site comments. #1 this time! // @calcom 🗓️ 🥇

  • Open Source Startup Podcast🎙: "E71 of the Open Source Startup Podcast is LIVE🎙 @amanda_robs & @tnachen talk with @TommyDANGerouss, CEO of @mage_ai, about building data plumbing without the 💩 This was a super fun episode, check it out!👇

  • JJ: "Nice! Finally someone built an open source Midjourney implementation based on Stable Diffusion! 👀

  • Theatre.js: "Introducing 💫Theatric💫, a pane library for React! - Zero setup -- one hook - Tweak values in your components - Undo/redo your changes, even after a refresh - Upload images (into 👉 browser storage or localhost) - Animate things with @theatre_js

  • JJ: "'Open source eats everything' can be expressed in different terms as follows ... Over time, everything will become democratized and commoditized. The trick is to figure out when and how that is happening, then act accordingly." Link

  • JJ: "Nostr might represent the future of open source, decentralized social media --- no blockchain required. Very impressive progress so far with dozens of clients popping up. Getting better fast across all platforms like mobile and more beyond the browser:

  • Mike Little: "20 years ago today, I commented on Matt's blog & kicked off the project that became WordPress. Now WordPress powers over 43% of most popular domains. It is made by a worldwide community of thousands of contributors & millions of users. Wow! #WordPress

  • GitHub: "There's 100 million of you on GitHub. Talk about being in good company.

  • JJ: "Wow.. @bgurley just spent nearly 10 minutes here talking about COSS and how profound it is ... mentions of Kubernetes, Linux, open standards for nuclear fusion, hardware, RISC-V, why the end of IP might be a good thing and more. 🔥🔥👌🏼

  • Rowy: "Open-source roadmap app to get customer feedback. Live on product hunt now 🎉 Show us your support if you like it 🙂

  • Sam Lambert: "narrative violation

  • Brad Gerstner: "Excited about the power of @LangChainAI to accelerate use cases around LLMs. Posted bounty on @Replit to build a knowledge chatbot pulling data from @SnowflakeDB + Wiki using @streamlit. 🔥🔥@amasad @hwchase17

  • JJ: "The key secret to making the world exponentially better is to invest heavily in open source." Link

  • Patrick DeVivo: "We're playing with a @mergestat-lite + OpenAI integration to translate natural language prompts into SQL, and the results so far are really cool... "distinct authors of in the last year" is the prompt here

  • nocodb: "Now announcing... 🚀 NocoDB Feature Release 0.104.0 : ERD fullscreen, fixed row height, easy row browse, multi-file download. Read our release note to learn more: Watch our 0.104.0 Demo: Stay tuned for the latest features. ⚡️

  • Didier Lopes 🦋: ""OpenBB and Python will become one-stop shopping for my quant finance projects!" #iykyk 👀

  • JJ: "Open source has never been a hype cycle. Instead, it is a secular trend --- unaffected by macro or micro changes. Web 1.0 was built on open source. Web 2.0 was built on open source. Web 3.0 was built on open source. Web 4.0 and beyond will be built on open source." Link

  • Juan Linietsky: "So you get an idea of how massive the works towards Godot 4 Beta is among the largest projects on Github: I hope you folks build a statue of @Akien somewhere after 4.0 is out.

  • Peer Richelsen 🗓🍊: "20 amazonians now in our @calcom community 🎉

  • JJ: "Yep big announcements next week --- both @OSSCapital related. Very excited. 🔥" Link

  • Peer Richelsen 🗓🍊: "a 19y/o student from connecticut who randomly posted @calcom on hackernews caused 2x more sign ups than our carefully planned launch in 2021

  • JJ: "Did you know @godotengine is a Top 10 open source project above Kubernetes, Spark, Elastic + more? Just phenomenal. So very proud to be the founding lead investor in @W4Games --- stewards of Godot. Open source will transform the gaming industry this decade! 🎮 💥

  • JJ: "👀 👩‍⚖️

  • Alex Buraks: "You probably heard about Yandex, it's the 4th biggest search engine by market share worldwide. Yesterday proprietary source code of Yandex was leaked. The most interesting part for SEO community is: the list of all 1922 ranking factors used in the search algorithm [🧵THREAD]

  • Jeff Booth ⚡️: "The combination of: Seamlessly being able to move to a client/app that better suits your needs, while retaining your followers, content, and data. & Integrating it with payments so you can escape being farmed by advertisers. a pretty big deal! #Nostr #Bitcoin" Link

  • Derek Ross ⚡⛓️: "The rate of development and innovation has me more bullish than ever. #nostr

  • Lee Robinson: "Next.js is a free open-source framework. The creators, Vercel, fund its development. How is this possible? Why would they give it away for free? Let's talk about funding open-source software (OSS)." Link

💸 COSS Liquidity (M&A + IPOs)

🛠️ COSS Jobs

  • 4,428 jobs and 259 companies hiring! Link

  • JJ: "PSA: One of our core portfolio @OSSCapital is hiring their founding cloud ops engineer to build & launch a cloud platform! This is a very exceptional opportunity in a COSS startup growing faster than almost anything I've seen. Please DM if you resonate. #security #multicloud #k8s" Link

  • rustdesk: "Looking for a contributor to write a simple GUI for @rustdesk Server with @TauriApps

📊 $COSS - Public Markets

  • $COSS markets up 9.18% last week

  • Latest $COSS markets snapshot below as of market close last Friday courtesy of Koyfin.

Koyfin market data

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