3 ms·
VCs have taken a few positions in FOSS recently [1][2]. I also don't understand the financial reasoning of investing in the companies, for what they are. My gue
by gen220 3y ago
VCs have taken a few positions in FOSS recently [1][2]. I also don't understand the financial reasoning of investing in the companies, for what they are. My guess is that it's an option on having influence on relatively influential developers in the mid-to-later stages of their career.
[1]: https://techcrunch.com/2023/02/16/sequoia-backs-open-source-data-validation-framework-pydantic-to-commercialize-with-cloud-services/ https://techcrunch.com/2023/02/16/sequoia-backs-open-source-...
[2]: https://www.sequoiacap.com/article/sequoia-open-source-fellowship/ https://www.sequoiacap.com/article/sequoia-open-source-fello...