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COSS Weekly #182

Here's the one-hundred eighty-second 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 πŸ˜‹ news from the previous week in COSS across: Funding, Content, Jobs, Liquidity and $COSS (Public Markets).

Last week saw WordPress turning 21, AI policy discussions, COSS product updates, SaaS industry trends, and more!


πŸ’° COSS Funding

No COSS funding announcements this week.

πŸ“š COSS Content

  • Matt Mullenweg: "Some thoughts on @WordPress turning 21 today! #wordpress #wp21" Link

  • archie: "> build a product > make it open source > get help from the community > give product updates on X > get 100k+ stars on github > get 700%+ jump in revenue > reward the os contributors > raise $10M > repeat" Link

  • Didier Lopes: "Investment research software should enable teams to collaborate. coming soon" Link

  • JJ: "Here's one of my favorite and most under appreciated open source projects:" Link

  • Tom Burns: "CA SB-1047 will lead to state regulation of most software. The threshold for regulation sounds high now, but given the rate of progress, it will apply to most software in the near future. Most software will use SOTA AI, so most software will face regulation and litigation. It is CEQA for software. CEQA was only expected to apply to large infrastructure projects, but now it applies to any change in the status quo. It is used to block housing, bus lanes, solar power and even increasing enrollment at UC Berkeley. In the words of Scott Weiner, author of SB-1047, CEQA swallowed CA." Link

  • "if you're not using Cal, why is that? that's a genuine question. help us understand and make it better." Link

  • ansh: "Cal is genuinely so much better than Calendly its crazy. Wasn't like this when I first tried the product. Gave it another go today and was shocked." Link

  • Chaz Hutton: "Today's Comic: Then and Now..." Link


  • JJ: ".@cap" Link

  • Whole Mars Catalog: ""We just couldn't believe the things Sam was telling us" --- Helen Toner, ex OpenAI board member" Link

  • The Register: "Why RISC-V must get its messaging right on open standard vs open source" Link

  • JJ: ""There will come a time when it isn't 'They're spying on me through my phone' anymore. Eventually, it will be 'My phone is spying on me'." --- Philip K. Dick, uttered in the 1970s" Link

  • Jeremy Lewi: "People don't want to read documentation but they also don't want to write documentation. So RAG on your documentation is only solving half the problem." Link

  • martin_casado: "'I don't want to cede this space to other states or other countries,' Newsom said during a daylong AI event in San Francisco. 'If we over-regulate, if we overindulge, if we chase the shiny object, we could put ourselves in a perilous position.'" Link

  • Jason SaaStr LDN June 4-5 Lemkin: "A rough week for SaaS" Link

  • QuantΡ–an: "I'm sorry, YC's founder learned about a $10 million investment they made to a related party on Twitter? This is FTX-level governance" Link

  • Francesca Bria: "Sam Altman's @worldcoin is opening shops in the streets of Berlin: You need to download the app, enter the shop, have your iris scanned, get id and crypto tokens. Is this legal in Germany, the country of data protection and the right to informational self-determination? @EU_EDPB" Link

  • Jason SaaStr LDN June 4-5 Lemkin: ""Salesforce now needs 3x pipeline coverage, vs the 2x it needed before the "downturn"'" Link

  • Godot Engine: "Let's make a megathread together! What #LGBTQIA-led studios and games are using Godot? Let's start #PrideMonth the right way, by spreading some love" Link

  • Christian Keil: "$1.50 buys 580 calories at Costco, and humans need ~2,000 calories/day to survive So as soon as your startup nets you $6 per day or $2,200 per year, you are Costco HotDog Profitable" Link

  • Kevin Xu: "CUDA has 5 million developers in the world" Link

  • JJ: "This has to be the highest revenue-per-developer ratios in the world... $15-20,000 per year in revenue per developer. Enormous leverage. Compare this to so many technologies with millions of developers and 1/1000th (if that) the degree of value capture." Link

πŸ’ΈΒ COSS Liquidity (M&A + IPOs)

No COSS Liquidity announcements this week.

πŸ› οΈ COSS Jobs

  • 4,499 jobs and 312 companies hiring! Link
  • Peer Richelsen --- oss/acc: "we hiring ic3 and ic4 fullstack nextjs typescript pls apply or share" Link

πŸ“Š $COSS - Public Markets

  • $COSS markets down 3.50% last week

  • Latest $COSS markets as of last Friday at market close, courtesy ofΒ Koyfin

Koyfin market data

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