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> We are unable to make cohost open source. the source code for cohost was the collateral used for the loan from our funder. I never really understood this—wha
by nightpool 2y ago
> We are unable to make cohost open source. the source code for cohost was the collateral used for the loan from our funder.
I never really understood this—what is their anonymous and secret funder going to use the source code for Cohost for? They've been very closed lipped about that part. Oh well, I guess we'll find out soon.
- kevmo314 2y agoHow do I find loan offers like that? I'd take that deal on some projects...
- doublerabbit 2y agoAngel investors.
- nightpool 2y agoAngel investors generally make equity investments, not loans. Cohost in the past has been very specific about the fact that their funding was the latter.
- n2d4 2y agoVenture debt. Though, unless you have no other options, I wouldn't do it; angel investors are better in almost every way, and they can't forcefully liquidate your company when they feel like you've been underperforming.
- kevmo314 2y agoI'd rather have the possible threat of liquidity than the guaranteed loss of equity.
- ocdtrekkie 2y agoThey could just... sell it. Or if they decide it isn't worth anything, open source it themselves.
- immibis 2y agoMost likely nothing. They will simply delete it. Isn't capitalism great?