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I sold an open source company in 2015 - video log [1]. I generally found the open source nature more of a liability. One which I could not ignore because our p
by jmathai 4y ago
I sold an open source company in 2015 - video log [1].
I generally found the open source nature more of a liability. One which I could not ignore because our project was very public. The approach I took was to acknowledge questions like “what IP acts as your differentiator?”, diffused it and talked about the business itself. Being subject matter experts in the software was a big selling point because it was a hedge against them taking the source (Apache or MIT licenses - I forget) and using it themselves.
Not sure what value you provide beyond the source code but that’s something you can sell - being open source is not a feature when it comes to acquisition or sale of a company, IMO.
[1] https://jaisenmathai.com/openphoto-trovebox/video-log/ https://jaisenmathai.com/openphoto-trovebox/video-log/