3 ms·
Many of them also raised tens of millions (or more) in VC funding, which helped them achieve their size and popularity. In a post-ZIRP world, many public tech
by evanelias 3y ago
Many of them also raised tens of millions (or more) in VC funding, which helped them achieve their size and popularity.
In a post-ZIRP world, many public tech company valuations have been slashed, and tech IPOs have slowed. Not-yet-profitable private tech companies can struggle to raise funding rounds now at favorable valuations, compared to their last funding round. If you're a VC-funded open source company with no deep moat, this is not a good time. I agree with the GP, we'll likely see more new companies choosing non-open-source but still source-available (e.g. BSL or SSPL) from the start.