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you make a very good point. In fact, we just came out of a call with a very knowledgable investor who wants us to go down exactly that route. It could very well
by Major_Grooves 5y ago
you make a very good point. In fact, we just came out of a call with a very knowledgable investor who wants us to go down exactly that route. It could very well be that the managed service route is the way to go. Thanks for the comment. If you'd like to connect directly, I think my email address is in my profile.
re OSS strategy - it's more users and feedback that I firstly think of. For instance, people keep telling us that there could be a really great use case in crypto compliance/auditing - tracking related wallet addresses etc. We don't really know enough about blockchain to validate that, but I think an OSS community could.
- smackeyacky 5y agoI think what you might want to do is try the closed source / SAAS route first either by locking in that 2nd customer or taking some investment. If it doesn't work, then start down the open source route. It seems to me that all the knowledge / experience of your staff is your real asset here, not necessarily the code. While that, in theory, should mean open-sourcing the code won't matter for your business, in practice it means you will be seeding competitors unnecessarily. Turning your staff into highly chargeable consultants could be a more sustainable business model than trying to herd the cats of the internet into trying to improve your product offering, when most of those guys won't have the experience of your existing team. By offering the code out as open source you are giving a bunch of people a leg up and cutting short your time as the only game in town, which puts extra pressure on sales and might not work out.