Despite the premise of open source software distribution being “free,” multibillion dollar companies like RedHat, MongoDB, GitLab and Elastic have already broken ground building profitable businesses with open source at their core. But is it possible for a smaller open source project to find its way into this land of commercial opportunity? COSS is accelerating In general, the trends in commercial open source (COSS) are encouraging. New products like Meilisearch and Supabase are gaining traction exponentially faster than the legends of COSS like MongoDB, which were founded much earlier. Image Credits: GitHub Star History (opens in a new window) Let’s give some more context to the graph above. From 2010 to today, the number of GitHub users has exploded from 500,000 to 103 million. It might be tempting to suggest that this influx of new users into the community would be the driving force behind the increase in stars. Your open source project can begin as a pet project but only if you can devote time to it. But, at the same time, the number of projects (repositories) has grown at an even higher rate: from 600,000 to 359 million. And investments in open source products have almost tripled […]
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
