COSS Community 🌱

Cover image for COSS Weekly #87
Joseph (JJ) Jacks for COSS Community

Posted on

COSS Weekly #87

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

Last week saw $COSS markets up 8.26%, key ecosystem insights, and the first week in 2+ years without any funding announcements! An incredible run, and the first of many!


πŸ’° COSS Funding: Stay tuned for next week!

  • COSS Community 🌏: "This week marked the first time in 2+ years where no new COSS funding announcements dropped. 🀯" Link

πŸ“š COSS Content

  • Automattic: "Our CEO @photomatt spoke to @etherington and @jordanrcrook on the @Found Podcast. The trio talked about the founding of WordPress, the importance of open source, and Automattic's strategic acquisitions. Listen here:" Link

  • Joseph Jacks (JJ) πŸ‡ΊπŸ‡¦: "How many "Network State" open source projects exist today? In reading @balajis's new book "The Network State", he mentions creating them at the embryonic level as open source projects:" Link

  • Joseph Jacks (JJ) πŸ‡ΊπŸ‡¦: "Only 1 of the top 20 tech stocks performed positively over the last 6 months of carnage. That same company owns @RedHat. πŸ€”" Link

  • VentureBeat: "Meta's open-source AI model leaves no language behind" Link

  • Joseph Jacks (JJ) πŸ‡ΊπŸ‡¦: "All DAOs should start life as open source projects. All open source projects are already a type of DAO. Value created by a DAO is correlated with its stakeholder activity. Influence over an OSS project is correlated with contributions. Endless cross-pollination of ideas here." Link

  • Joseph Jacks (JJ) πŸ‡ΊπŸ‡¦: "There are 8 public cybersecurity software companies worth > $10B. Gartner predicts $170B+ in enterprise security software customer spend in 2022. This segment is RIPE for transformation by emerging COSS disrupters, especially through this recessionary cycle." Link

  • Joseph Jacks (JJ) πŸ‡ΊπŸ‡¦: "Popular open source project authors develop an unfair advantage in obtaining crucial startup building skills vs. new founders w/ no open source experience: --- Recruiting/managing global contributions --- Maintaining high-velocity iteration --- Triaging/driving a roadmap in real-time" Link

  • Cathie Wood: "We believe our open source research is bringing to life big ideas like Roku, Zoom, and Tesla. To understand the rapid growth trajectories in our forecasts, we invite you to battle test the assumptions in our open source models on GitHub." Link

  • Joseph Jacks (JJ) πŸ‡ΊπŸ‡¦: "50% πŸ‘€ of the top NDR names are COSS πŸ”₯ // $FROG, $CFLT, $HCP, $ESTC, $GTLB" Link

  • Joseph Jacks (JJ) πŸ‡ΊπŸ‡¦: "VERY excited to welcome Justin Hoffman to @OpenBB_Finance. Justin is absolutely legendary and ran sales/GTM at Elastic from zero revenue to a $5B+ IPO. The number of operators who have achieved this degree of wisdom and success in COSS can be counted on less than one hand. 🀝" Link

πŸ’Έ COSS Liquidity (M&A + IPOs)

No COSS Liquidity announcements this week.

πŸ› οΈ COSS Jobs

  • 8,612 jobs and 234 companies hiring! Link

πŸ“Š $COSS - Public Markets

  • $COSS markets up 8.26% last week

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

Koyfin market data

Top comments (0)