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This old VC written article reminds me of Francis Fukuyama's 'end of history' thinking at the end of last century. https://en.wikipedia.org/wiki/The_End_of_Hist

This old VC written article reminds me of Francis Fukuyama's 'end of history' thinking at the end of last century. https://en.wikipedia.org/wiki/The_End_of_History_and_the_Last_Man https://en.wikipedia.org/wiki/The_End_of_History_and_the_Las... VC's love the winner take all big platform investment world. I suspect (and hope) that era is coming to an end, not open source...

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benwerd 8y ago
And in fact, we're seeing some great open source companies, including Elastic, which just had an IPO last month. Modern decentralization has yielded the promise of valuable assets that actually become more valuable through being open, which means that VCs in 2018 are singing a very different tune to VCs in 2014. No, we won't see another company that's exactly like Red Hat. That's how the technology industry works. We're not going to see another successful Facebook, either. But we will see many more companies that push our expectations and moves the industry forward. Many of them will absolutely be based on open source software and communities.
- deleted 8y ago
  [deleted]
- ummonk 8y ago
  Elastic uses a lot of closed source software to complement its open source core, which is exactly what the article said is the future of OSS.
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SpanishConf 8y ago
>This old VC written article reminds me of Francis Fukuyama's 'end of history' thinking at the end of last century. https://en.wikipedia.org/wiki/The_End_of_History_and_the_Las.. https://en.wikipedia.org/wiki/The_End_of_History_and_the_Las.... That recently many historians have began to consider this line of thinking "wrong" because of the rise of illiberal democracies, i.e. Russia, Hungry and the success of China as a Pseudo-Capitalist Dictatorship.
- toyg 8y ago
  The demolition of Fukuyama’s delusions can actually be pinpointed to a single day in 2001.
  - deleted 8y ago
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  - icebraining 8y ago
    I don't see why. 9/11 was shocking, but ultimately doesn't seem to have caused major change in the political systems of any Western countries, nor any significant movement in that direction.
    - Aeolun 8y ago
      We were moving towards an open, inclusive society pretty much since the Berlin wall fell and germany reunited. 9/11 inverted the progress we were making, and now we’re slowly sliding away towards facism again. That’s how it feels to me anyway. Europe certainly has it’s growing share of racists.
      - SpanishConf 8y ago
        >That’s how it feels to me anyway. Europe certainly has it’s growing share of racists. As a Spaniard, here thankfully not really, thanks to (I'd claim) our disunity as a "Nation" or State. We love to hate each other more than hate foreigners or whatever.
    - nickpsecurity 8y ago
      The Patriot Act essentially nullified the bill of rights, allowed indefinite detention without charges, and put power in the hands of secret people/programs answering to secret courts with secret interpretations of law. They were also grabbing people to put on torture flights. That's a police state. Unlike those that inspired it, it selectively uses its Gestapo powers against tiny segments of the country... far as we know... where most people never see it. That lets 99+% of people go through normal processes (eg courts). Then, they started connecting police-state surveillance to main, enforcement agencies with parallel construction to hide targeting methods. So, more of their opponents might be eliminated through trumped up charges on top of folks that are actually bad. The Dual State continues. You bet 9/11 had huge effect on our political system. Went from a corrupt democracy with cops and courts that went too far sometimes, but occasionally reigned in, to a police state where folks could be kidnapped and tortured with criminal immunity on those doing it. The few times they've gotten caught on this stuff, like with the leaks, nobody running the programs did time, Congress often gave them retroactive immunity, and some were expanded. That's so bad that blackmail is about the only explanation I can come up with at this point for how they're behaving. Surveillance programs make that easier to do, too, esp if running in black programs. J. Edgar Hoover situation possibly repeating but with wider net.

deleted 8y ago

[deleted]

benwerd 8y ago

And in fact, we're seeing some great open source companies, including Elastic, which just had an IPO last month. Modern decentralization has yielded the promise of valuable assets that actually become more valuable through being open, which means that VCs in 2018 are singing a very different tune to VCs in 2014. No, we won't see another company that's exactly like Red Hat. That's how the technology industry works. We're not going to see another successful Facebook, either. But we will see many more companies that push our expectations and moves the industry forward. Many of them will absolutely be based on open source software and communities.

deleted 8y ago
[deleted]
ummonk 8y ago
Elastic uses a lot of closed source software to complement its open source core, which is exactly what the article said is the future of OSS.

deleted 8y ago

[deleted]

SpanishConf 8y ago

>This old VC written article reminds me of Francis Fukuyama's 'end of history' thinking at the end of last century. https://en.wikipedia.org/wiki/The_End_of_History_and_the_Las.. https://en.wikipedia.org/wiki/The_End_of_History_and_the_Las.... That recently many historians have began to consider this line of thinking "wrong" because of the rise of illiberal democracies, i.e. Russia, Hungry and the success of China as a Pseudo-Capitalist Dictatorship.

toyg 8y ago
The demolition of Fukuyama’s delusions can actually be pinpointed to a single day in 2001.
- deleted 8y ago
  [deleted]
- icebraining 8y ago
  I don't see why. 9/11 was shocking, but ultimately doesn't seem to have caused major change in the political systems of any Western countries, nor any significant movement in that direction.
  - Aeolun 8y ago
    We were moving towards an open, inclusive society pretty much since the Berlin wall fell and germany reunited. 9/11 inverted the progress we were making, and now we’re slowly sliding away towards facism again. That’s how it feels to me anyway. Europe certainly has it’s growing share of racists.
    - SpanishConf 8y ago
      >That’s how it feels to me anyway. Europe certainly has it’s growing share of racists. As a Spaniard, here thankfully not really, thanks to (I'd claim) our disunity as a "Nation" or State. We love to hate each other more than hate foreigners or whatever.
  - nickpsecurity 8y ago
    The Patriot Act essentially nullified the bill of rights, allowed indefinite detention without charges, and put power in the hands of secret people/programs answering to secret courts with secret interpretations of law. They were also grabbing people to put on torture flights. That's a police state. Unlike those that inspired it, it selectively uses its Gestapo powers against tiny segments of the country... far as we know... where most people never see it. That lets 99+% of people go through normal processes (eg courts). Then, they started connecting police-state surveillance to main, enforcement agencies with parallel construction to hide targeting methods. So, more of their opponents might be eliminated through trumped up charges on top of folks that are actually bad. The Dual State continues. You bet 9/11 had huge effect on our political system. Went from a corrupt democracy with cops and courts that went too far sometimes, but occasionally reigned in, to a police state where folks could be kidnapped and tortured with criminal immunity on those doing it. The few times they've gotten caught on this stuff, like with the leaks, nobody running the programs did time, Congress often gave them retroactive immunity, and some were expanded. That's so bad that blackmail is about the only explanation I can come up with at this point for how they're behaving. Surveillance programs make that easier to do, too, esp if running in black programs. J. Edgar Hoover situation possibly repeating but with wider net.