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Joseph (JJ) Jacks for COSS Community

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COSS Weekly #153

Here's the one-hundred fifty-third 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 $24M in funding announcements from Moreh and PickNik Robotics, Automattic's acquisition of, Snowflake's acquisition of Ponder, Databricks' acquisition of Arcion Labs, huge milestones for OpenBB and across the COSS ecosystem, and more!


💰 COSS Funding: $24M

  • Moreh, an infrastructure platform for AI models, announced their $22M Series B led by AMD and KT. Link
  • PickNik Robotics, focused on unstructured robotics, announced their $2M pre-seed led by Stellar Ventures and Cypress. Link
  • Git Round: "Apply to Git Round GRQ124, our second batch starting first week of January 2024:" Link

📚 COSS Content

  • JJ --- e/acc: "Since @remix_run joined forces with @Shopify, under @tobi's leaderships this community has grown massively and been stewarded incredibly well. Would do it again in a heartbeat." Link

  • JJ --- e/acc: "Excellent piece by my partner @kevinsxu : "Washington is using China to destroy open source"" Link

  • Michele Riva: "Big shoutout to @peer_rich and the entire @calcom team for this. This is the level of transparency that I wish every company had." Link

  • Rafaat: "@hoppscotch_io is really amazing Was looking for postman alternative. Tried insomnia, not impressed ux wise. But hoppscotch went so well. Not too bulky, just the essentials" Link

  • Peer Richelsen: "the launch brought in 2x more users than the initial launch, which casually broke @producthunt (#1 day, #1 week, #1 month) launch early, launch often" Link

  • JJ --- e/acc: "Just got a mind blowing demo of @openbb_finance pro by founder/ceo @didier_lopes --- open source is transforming the future of investment research faster than ever ..." Link

  • Didier Lopes: "OpenBB Terminal Pro Charting - Embed Trading View - Benefit from all technical indicators from TV - See Earnings expectation vs actual below - Overlay any financial metric" Link

  • Yann LeCun: "An interview of me in the Financial Times in which I explain the reasons for supporting open research in AI and open source AI platforms. I also explain why the widely-publicized prophecies of doom-by-AI are misguided and, in any case, highly premature." Link

  • Didier Lopes: "MASTERCLASS ON THE OPENBB TERMINAL Have been waiting to show this for a long time now" Link

  • Didier Lopes: "After almost 3 years of working on the OpenBB Terminal, we are launching it on Product Hunt. If you support all the work we put in to democratize investment research, the team and I would really appreciate your support on this launch. Reshare pls" Link

  • Jatin Sandilya: "We're on the front page of HN! Lets goooooo" Link

  • Formbricks: "Yesterday alone, Formbricks touched 30k users with self-hosted instances only We run optional, anonymous and GDPR-compliant telemetry to understand how many end users get in touch with Formbricks Since it's optional, the number is likely higher" Link

  • OpenBB: "OpenBB Terminal just launched on Product Hunt! It's the first financial terminal that is free and fully open source. With 600+ commands, it has access to equity, options, crypto, forex, macro economy, and much more. Check us out and show your support:" Link

  • Fred Ehrsam: "Update: My role at Paradigm will be shifting from Managing Partner to General Partner. I'll continue to work with our investing & research teams, work with portfolio companies, and fight for good crypto policy, while focusing less on the day to day management of the firm..." Link

  • JJ --- e/acc: "Which single individual has funded / contributed most to open source? Mark Zuckerberg seems to be the answer --- via @meta & @czi. It's hard to argue." Link

  • Nathaniel Simard: "Honored to join @chrisbenson & @dwhitena on @PracticalAIFM where we discuss Burn and why Rust is a great match for Deep Learning" Link

  • Practical AI: "New episode of Practical AI! Deep learning in Rust with Burn featuring @nath_simard with @chrisbenson & @dwhitena #ai #machinelearning #rustlang" Link

  • Nathaniel Simard: "With the new release of Burn, we introduce a new terminal UI dashboard so that users can follow their training with ease without having to connect to any external application" Link

  • JJ --- e/acc: "Open Core Summit is coming up fast! Will start posting a lot more about it and all our amazing speakers ... If you are in / can travel to SF on December 6-7th, please don't miss it --- amazing speakers and founders of Red Hat, GitHub, GitLab, Automattic and so many more:" Link

  • JJ --- e/acc: "LONG India We @OSSCapital have 7 portfolio companies there. We are global investors and do not pay attention to geo. This is a significant % of our portfolio... says a lot." Link

  • JJ --- e/acc: "Who is AGAINST Open Source (Weights) AI? Google, Microsoft, "Open"AI, Anthropic, Eric Schmidt, Jaan Tallinn, David and Patrick J. McGovern Foundation, and the David and Lucile Packard Foundation." Link

  • Git Round: "Apply to Git Round GRQ124, our second batch starting first week of January 2024:" Link

  • OpenBB: "Mark your calendars December 6-7 we'll be in San Francisco for @OpenCoreSummit 2023! Join the world's largest gathering across the #COSS community. Save your spot: #OpenCoreSummit" Link

  • Hoppscotch: "We've been working on something big! The Hoppscotch Desktop app is something you've wanted for a long time. Coming Soon" Link

  • JJ --- e/acc: "Big congrats @liuliu's @drawthingsapp for cracking top 30 in the AppStore (Photos & Video)." Link

  • JJ --- e/acc: "Open source is making Sam dance." Link

  • JJ --- e/acc: "THIS IS COMMUNISM. VERY BAD!" Link

  • JJ --- e/acc: "Happy birthday to @peer_rich and the 3rd anniversary of the first commit to @calcom --- what an awesome journey going from first lines of code, meeting @BaileyPumfleet your co-founder through the open source project, to thousands of customers and millions in ARR today, growing incredibly fast, not burning a cent of Series A cash and staying lean (20~ people). So many COSS founders are positively impacted by your passion, approach, integrity and kindness. You have touched a generation and inspired many more. Onwards!" Link

  • Yann LeCun: "Altman, Hassabis, and Amodei are the ones doing massive corporate lobbying at the moment. They are the ones who are attempting to perform a regulatory capture of the AI industry. You, Geoff, and Yoshua are giving ammunition to those who are lobbying for a ban on open AI R&D..." Link

  • Git Round: "Last week, @InfrHQ launched major updates, @revertdotdev went viral, @ShelfQR shipped v1.2 and @milliondotjs enabled multiplayer mode." Link

💸 COSS Liquidity (M&A + IPOs)

  • TechCrunch: " owner buys all-in-one messaging app for $50M by @sarahpereztcLink
  • Databricks: "Databricks has agreed to acquire @ArcionLabs! Troves of critical data sit on transactional databases and SaaS apps. Arcion's connectors will simplify and accelerate data ingestion from enterprise databases to the Databricks Lakehouse Platform" Link
  • JJ --- e/acc: "Second COSS acquisition for @SnowflakeDB (after @streamlit)" Link

🛠️ COSS Jobs

  • 3,769 jobs and 295 companies hiring! Link
  • Mårten Mickos: "Bluesky hiring leader to drive the strategy and execution of how Bluesky supports and engages their community of creators." Link

📊 $COSS - Public Markets

  • $COSS markets down 1.92% last week
  • Latest $COSS markets snapshot below as of market close last Friday courtesy of Koyfin.

Koyfin market data

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