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Joseph (JJ) Jacks for COSS Community

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COSS Weekly #138

Here's the one-hundred thirty-eighth 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 $8M in funding announcements form Bluesky, big revenue for MongoDB, discussions on Open Weights, progress for Godot, and more!


💰 COSS Funding: $8M

📚 COSS Content

  • JJ: "Open source founders --- how do you version your projects/code?" Link

  • JJ: "Good discourse on the orange site about why AI weights are not open "source"... Thanks @sytses for advancing the dialogue here.

  • OpenBB 🦋: "We have reached another amazing milestone - 12K followers on Twitter! This wouldn't have been possible without your support and we would like to express our gratitude to you. Open to anyone's input. Open to everyone's work." Link

  • swyx 🐣: "it looks like @sytses has joined @JosephJacks_ and @HeatherMeeker4 in mapping out the terminology for "Open Weights". this is important legal work outlining potential issues with the @StabilityAI/@Huggingface RAIL license and defining an OSI friendly version of Open Weights.

  • Godot Engine: "Godot 4.0 was so good, we made a sequel! Thanks to 300+ contributors and four months of improvements and polish, #GodotEngine 4.1 is ready for your projects. Read more in our announcement:

  • Plane: "Open-sourcing soon. 👀🔥 Sign up for early access → 📱 ✈️

  • bluesky: "Our Plan for a Sustainably Open Social Network

  • Brigitte: "Our CEO @ClementDelangue is featured on @FastCompany's list of Most Creative People in Business 2023! 🔥 Kudos to @harrymccracken for an excellent writeup about @huggingface 🤗, starting with a nod to the epic #WoodstockAI

  • JJ: "Awesome story sharing the founding origins of @openbb_finance 🦋:

  • Peer Richelsen 🗓🍊⚡️: "open source, open heart, open mind

  • Didier Lopes: "We spoke with a professor from the University of Massachusetts that has been using OpenBB for 4 months and wants to bring it to his class to replace Bloomberg Terminal because he wants students to have access to the data easily at home 🤯" Link

  • Ahmed Elsakaan: "NOODLE HAS PASSED 5000 STARS ⭐️ This is absolutely crazy, would've never thought in a million years I'd have this many stars on my work even collectively and here I am in one week we achieved it. Thank you guys so much ❤️🫡

  • Juan Linietsky: "While its far more common see discussions online comparing Godot to Unity, it's interesting that, from time to time, you can see discussions comparing Godot to Unreal Engine. Many times people just say "Why use Godot for 3D instead of Unreal? It makes no sense to me". Well.. 🧵

  • JJ: "Our 50~ @OSSCapital portfolio companies are very geographically distributed... 🇦🇺 🇨🇭 🇪🇸 🇸🇬 🇺🇸 🇲🇹 🇬🇧 🇮🇳 🇧🇷 🇨🇦 🇫🇮 🇫🇷 🇩🇪

  • JJ: "Personally, I've never understood the LangChain hype ... it's literally just Chef/Ansible-style scripting for LLMs. Two issues: 1) None of those historical CM tools generated any meaningful outcomes, 2) LLMs are evolving rapidly and won't be the core substrate a year from now.

💸 COSS Liquidity (M&A + IPOs)

  • Jason ✨Be Kind✨ Lemkin : "Who's simply put, crushing it today? Even macro challenges haven't slowed MongoDB much. It's now at $1.5 Billion ARR, growing 29% overall ... and it's worth a stunning $28 Billion.  That's about as good as it gets in SaaS and Cloud! 5 Interesting Learnings: 🔽🔽🔽🔽🔽" Link

🛠️ COSS Jobs

  • 3,413 jobs and 288 companies hiring! Link

📊 $COSS - Public Markets

  • $COSS markets down 2.47% last week
  • Latest $COSS markets snapshot below as of market close last Friday courtesy of Koyfin.

Koyfin market data

Top comments (1)

indiecrypt profile image
Tarun Muvvala

Thanks JJ

Does anyone have a bluesky invite?