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 😋 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!
Enjoy!
💰 COSS Funding
No COSS funding announcements this week.
📚 COSS Content
Matt Mullenweg: "Some thoughts on @WordPress turning 21 today! #wordpress #wp21 ma.tt/2024/05/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: github.com/google/trillian" 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
Cal.com: "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
Autism Capital: "WHERE HAVE WE SEEN THIS ONE BEFORE HMMM?" 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 dlvr.it/T7YRhf" 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.' politico.com/news/2024/05/2..." Link
Jason SaaStr LDN June 4-5 Lemkin: "A rough week for SaaS" Link
Quantіan: "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"' saastr.com/salesforce-we-..." 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
💸 COSS Liquidity (M&A + IPOs)
No COSS Liquidity announcements this week.
🛠️ 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 cal.com/jobs" Link
📊 $COSS - Public Markets
$COSS markets down 3.50% last week
Latest $COSS markets as of last Friday at market close, courtesy of Koyfin
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