3 ms·
First of all congratulations on this. It is nice to see Open Source being on the table for VCs. I am not sure how it pans out from a business point of view thou
by brainless 6y ago
First of all congratulations on this. It is nice to see Open Source being on the table for VCs. I am not sure how it pans out from a business point of view though.
If you truly want a product built with the community then you might lose some control - or give control to the community, at least voting. Unless you want a* "source available" type of thing. Open Source is ideology and tool.
The less control might mean that you prioritize what is good for the community, not necessarily for your VCs. I started working full time on an open source product, which like PostHog, I feel is going to be core infrastructure to any business that runs on data/software.
I want to build a sustainable business around it. I have enough money in bank to sustain product building and marketing with my cheap living costs and get traction. Once there, I will have to think of next steps, but I do not feel I want to get into accelerated growth that comes with VC money. Mentors are highly appreciated though.
*Edited typos.