Here's the seventy-fourth issue of COSS Weekly, the global commercial open source (COSS) company category newsletter, brought to you every Sunday afternoon (Pacific Time) 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).
This last week saw $475.9M in funding announcements from Grafana Labs, Improbable, Data.world, Appwrite, Stackblitz, and RedwoodJS (via Tom-Preston Warner), as well as 3 huge acquisitions, and exciting content and momentum from across the COSS community.
Tom-Preston Warner, of RedwoodJS, announces $1M fund to invest in RedwoodJS startups. Link
Joseph Jacks (JJ) 🇺🇦: "Congrats to @mojombo today on launching a new $1M seed fund dedicated to backing @redwoodjs-powered startups! I love this idea very much. It's totally brilliant. In fact, I'd go as far as encouraging EVERY well financed COSS founder and company to do something similar now! 🙌🏼✨" Link
Joseph Jacks (JJ) 🇺🇦: "Of the 27M+ devs in the world, only 3k~ (0.0001%~) have attempted to found their own COSS startups. Of those that did, they created $500B+ in public and private market cap, largely over the last decade alone. $166M of value per person! Web 2.5 has a lower barrier to entry. 🧐 https://t.co/Vaq4zlBTn1" Link
Tom Preston-Werner: "I'm super happy to announce that along with today's @RedwoodJS 1.0 release, I will be providing $1M of funding towards future development of the framework over the next year! 🌲💵🚀 Read more about it on my new blog post: https://t.co/lKqg4dHVVB https://t.co/ePvZD5MT9N" Link
RedwoodJS: "Tomorrow's Startup Showcase event, will feature two great panels! 1. Investors panel with @ellenchisa, @josephjacks_, and @ericabrescia. 2. Founders panel with @orta, @aaronvanston, @vishakha041, and Rachel Vrabec. RSVP for some startupy knowledge! https://t.co/VtzaQwyler https://t.co/IZERqXa8V3" Link
Peer Richelsen 🗓🍊: "open source removes the risk of "what if this SaaS startup that I depend on shuts down or pivots in 6 months"" Link
@levelsio: "✨ Acquirers always ask for profit & loss statements and it's so tiring to make them, so I automated it with PHP! A live P&L statement for the last 365 days rolling and updated every second https://t.co/Up8nf9zOZ1 https://t.co/eK9R1k4MVY" Link
Open Source Startup Podcast🎙: "🎙️New Open Source Startup Podcast Episode🎙️ Ft. @devarispbrown & @ahamidi, Co-Founders of real-time & open-source data pipeline company @meroxadata Full episode👇 https://t.co/bNJHYZTWho" Link
Joseph Jacks (JJ) 🇺🇦: "🔥🗞 NEWS: ✨ COSS AMAs ✨ have arrived --- a new series on @COSS_Community with leading open core builders and founders! Excited to welcome our first guest Jon Roes, VP Engineering @Streamlit, just acquired by @SnowflakeDB for $800M 💸 ❄️ 👇🏼👇🏼👇🏼👇🏼 https://t.co/6EIMTDr36d" Link
Transform Data: "It's a BIG day at Transform---Our metric framework is now OPEN SOURCE and available to all! 🎉 Meet MetricFlow, your new favorite tool for building & managing metric logic: https://t.co/r9wuAjo5Ax https://t.co/AIE2deOyhH" Link
Ben Halpern: "The https://t.co/y31TlDzmeC home feed is becoming vibrant. Good stuff @WasmBuilders --- I'm really proud that @forem is starting to power specialist communities we've never been able to effectively serve with https://t.co/lWepprFqmW https://t.co/GPcTgoftWW" Link
Syrus Akbary: "Wasmer is now the most popular #WebAssembly runtime in Rust, not just by @github stars but also by the number of recent crate downloads! (400k in the last 3 months!) 🎉 https://t.co/uMUb1y5BrT" Link
Open Source Startup Podcast🎙: "Open Source Startup Podcast... VIDEOS 🤯 ...coming soon 🙃" Link
Kent C. Dodds 💿: "Want to contribute to open source? 1. Go to https://t.co/3imeXBQpNd 2. Try to reproduce bugs in a PR: https://t.co/VJ0ggUv4AV 3. If you can't, say so, and we'll close it 4. If it's not a bug (feature request/question), say so and we'll transfer it to a discussion." Link
Singularity Data Inc.: "💥💥💥We are excited to announce the open-sourcing of #RisingWave, a cloud-native streaming database that uses SQL as the interactive interface, at @github today! 💥💥💥 #RisingWave #Database #StreamProcessing #CloudNative #opensource #opensourcecommunity #opensourcesoftware https://t.co/SGzPGwZzj2" Link
Remix 💿: "@reactjs @joe_puzzo @JustJenFelice @nextjs Not loving the "unseat" sentiment here 😇 For Remix to win, Next.js does not have to lose. Two projects, making different tradeoffs, when zoomed out is still collaborative. We don't have to paint on the same canvas to push the art forward together." Link
Joseph Jacks (JJ) 🇺🇦: "Web 2 is SaaS. Web 2.5 is COSS. Web 3 is Crypto. Only open core can exploit all three models in parallel." Link
swyx: "Highly impressed by the @RedwoodJS launch week: https://t.co/kwi1KTiepk I admit I initially wrote it off after hearing nothing about it for a year. With this launch, @mojombo, @thedavidprice and team have positioned Redwood as the preferred stack for new @Reactjs startups." Link
iText Software: "Today is a big day for us at #iText Software as we begin a new chapter in our journey! We are excited to announce that we are joining the @PDFTron Systems Inc. family. Want to know more? Read the press release: https://t.co/8v89GL3YO6 #PDFtechnology #digitaldocuments https://t.co/6Aa5PaXFds" Link
Instaclustr: "We are extremely proud to share that @NetApp has signed a definitive agreement to acquire Instaclustr! We are looking forward to the future ahead as part of the NetApp team! https://netapp.com/newsroom/press" Link
$COSS markets down 5.66% last week
Latest $COSS markets snapshot below as of market close last Friday courtesy of Koyfin.