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Joseph (JJ) Jacks for COSS Community

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COSS Weekly #98

Here's the ninety-eighth 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 $12.5M in funding for Voxel51, year one of milestones for NocoDB, and conversations about the future of data and COSS!

Enjoy!


COSS Funding: $12.5M+

  • Voxel51, building a toolkit for high-quality datasets and computer vision models, announced their $12.5M Series A led by Drive Capital. Link

📚 COSS Content

  • JJ 🇺🇦: "Steve Jobs was extremely wrong about one very huge thing: Privacy does not require the user to give the technology permission. It requires the technology to be permission-less (open source)." Link

  • Emad: "Pretty sure there will be more #StableDiffusion users than crypto users in a month. Now the interesting thing is that this is the first widely used foundation model.. What does the adoption curve for these models versus internet users look like in the next few years I wonder 🤔 https://t.co/mNcmCJoDeALink

  • JJ 🇺🇦: "My consistent information diet 🧠👇🏼 Feed: Curated 500~ account Twitter list (complex) 🐦 Text: @hackernews + newsletters (@mattrickard @swyx @cassidoo @davidmytton) ✍️ Audio: @lexfridman @hubermanlab @tferriss @ShaneAParrish @patrick_oshag 🎙 Code: @OSSInsight ✨" Link

  • JJ 🇺🇦: "💥 Q: What dimensions should we add to this invaluable data of $24B+ in COSS funding circa Jan 2020 (500+ rounds)? Some we're adding: - Valuations (on request) - Project license - Date of co/project founding - Underlying OSS metrics - Headcount growth https://t.co/VEmoDv3hy3 https://t.co/mA5BTw5FSFLink

  • JJ 🇺🇦: "Open source eventually transforms every software market because it's platform neutral, architecture neutral AND business model neutral. 👇🏼 Step 1) Make core tech open source Step 2) Redefine market playing field Step 3) Maximize innovation + abundance https://t.co/DycAQ1ov35Link

  • Eray Zesen: "I was trying #GodotEngine 4.0 beta 1 with Blender Classroom Project. I must say that I am quite satisfied with the results. https://t.co/nepKRfirv8Link

  • JJ 🇺🇦: "DocuSign ($10B+ co) prevents bulk downloading of signed docs. Instead, you must download each file 1-by-1 to migrate. This is extremely time intensive and non-trivial to outsource given data sensitivity...Thus, they 🔒 you in. Someone, PLEASE build an open source alternative!" Link

  • JJ 🇺🇦: "Awesome viral review of @Umbrel ☂️ by the talented @TechHutTVhttps://t.co/3zmlICHHrHLink

  • Stack Overflow: "The gang sits down with @mohanarpit, cofounder and CTO of @theappsmith, to talk about how low-code and no-code tools may increase developer productivity and why his company is investing more resources into design. https://t.co/SZZ1Zurb9k https://t.co/xBDltgIJsnLink

  • Open Source Startup Podcast🎙: "⚡️E52 of the Open Source Startup Podcast is LIVE⚡️ Check out @amanda_robs & @tnachen convo with Chef CTO & System Initiative CEO @adamhjk 💪 https://t.co/W63fCjo8AgLink

  • Emad: "On AI ethics. You still cannot use Ukraine/Ukrainian things in prompts (Moscow fine) or use #DALLE2 in Ukraine. This is straight unethical discrimination by @OpenAI & has been known for months with 0 press coverage & minimal outrage by folk with 🇺🇦 in their bios. Shameful. https://t.co/FIdjBeTPGrLink

  • JJ 🇺🇦: "Open source was not invented to make you rich. Open source was invented to set you free." Link

  • JJ 🇺🇦: "WOW. 👏🏼 @NocoDB blazes past 100 contributors, 30,000 stars and 7 million downloads in just over a year from launch. 🚀 Smart spreadsheets powered by any database will unlock vast potential in the future of work — fueled by the power of open source. ⚡️ https://t.co/V40kvafz6eLink

  • JJ 🇺🇦: "💡 Open Core companies are pareto superior to Closed Core companies in the same way that Multi-Cellular organisms are fundamentally superior to Single-Celled organisms. Here's a table elaborating on what I mean: 🦠🔬🧬🧫 https://t.co/9zPA9QReMbLink

  • JJ 🇺🇦: "Over time, Neural Networks (ie. highly optimized transformer models trained on large datasets) will gradually and ultimately completely replace Data Networks (aka "data moats", ie. closed social media platforms, SaaS user behavior, clickstreams, graphs of all kinds, etc). 🧵" Link

  • JJ 🇺🇦: "🌋 https://t.co/XxKtF7CbagLink

  • JJ 🇺🇦: "Strong agree. Great piece. But here's the thing: vast majority of COSS companies stick with FOSS licensing at the core — the misplaced use of source available is indeed driven by zero sum minded VCs, but the trend is not as widespread as this piece suggests. // @sogrady https://t.co/vwnzS65mEkLink

  • JJ 🇺🇦: "Electrification is the path to sustainability in our world of atoms (physical human transportation+innovation) in the same way that Open Source is the path to sustainability in our world of bits (digital software distribution+innovation)." Link

  • 1492.eth: "Popular cryptocurrencies by % of the token allocated to team and investors: Bitcoin: 0% Ethereum: 9.9% Binance Coin: 50% Solana: 62%" Link

  • JJ 🇺🇦: "Patents are for the weak 🤝 https://t.co/SfakSYiEPALink

  • Open||Source||Data Podcast: "Join us next Wednesday as season 4 on the Open||Source||Data Podcast kicks off! 🖥️ S3 covered topics like shifting left on data, scalability, responsible data, and AI first 🖥️ S4 will bring MLOps + DevOps, open standard for data access, autonomous enterprises #OpenSourceData https://t.co/uNX7oOsXXALink

  • Homeland Security & Govt. Affairs Committee — Dems: "The vast majority of computers use open source software. If not secure, it creates a serious threat to our critical infrastructure. To prevent cybersecurity risks, Chairman @SenGaryPeters introduced a bill that supports secure use of this software. https://t.co/fSqQ9pFj7Q https://t.co/3MboQYnVFcLink

  • John Carmack: "play, and then Stable Diffusion dropping a completely open source bombshell. I suspect OpenAI, with all their lavish funding and priority tensions, will have a hard time competing with the more agile efforts at a business level." Link


💸 COSS Liquidity (M&A + IPOs)

No COSS Liquidity announcements this week.


🛠️ COSS Jobs

  • 7,020 jobs and 241 companies hiring! Link

📊 $COSS - Public Markets

  • $COSS markets down 7.12% last week

Koyfin market data

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