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Joseph (JJ) Jacks for COSS Community

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COSS Weekly #133

Here's the one-hundred thirty-third issue of COSS Weekly, the global commercial open source (COSS) company category newsletter, brought to you every weekend by the team at OSS Capital, creators and stewards of COSS Community and Open Core Summit.

We deliver only the most fresh πŸ˜‹ news from the previous week in COSS across: Funding, Content, Jobs, Liquidity and $COSS (Public Markets).

Last week saw $3.5M in funding announcements from Platformatic, exciting new open-source alternatives, product updates, and more!

Enjoy!


πŸ’° COSS Funding: $3.5M

  • Platformatic, a back-end dev platform for microservices, announced their $3.5M Seed led by Decibel.Β Link

πŸ“š COSS Content

  • JJ: "WeΒ @OSSCapitalΒ are now happy paying customers ofΒ @DocumensoΒ --- the open source DocuSign alternative. ❀️ ✍️ https://t.co/0t2liOPmiJ"Β Link

  • JJ: "Getting cold DMs like this (happens several times a week now) makes the work I do very fulfilling. ❀️ https://t.co/SLsdRbXu7l"Β Link

  • OSS Capital: "Maybe even top 500 software repos since many repos are just docs or awesome lists... 🀩 https://t.co/HzgmnNv9s9Β https://t.co/DYkA3uNoZ8"Β Link

  • JJ: "Open source alternative to Quickbooks ? Yes please...Β https://t.co/1eqHSNlOou"Β Link

  • Marc Seitz: "Introducing Papermark 1.0 πŸ˜ƒΒ https://t.co/dFPRN2ak7EΒ An open-source alternative to DocSend that allows you to securely share documents with built-in analytics."Β Link

  • COSS Community 🌏: "@mfts0Β https://t.co/jSnwH5uFV2"Β [Link](https://twitter.com/mfts0/status/1663627301547028480)

  • Peer Richelsen πŸ—“πŸŠβš‘οΈ: "be a legend. support open source projects.Β https://t.co/tbUKdonvgD"Β Link

  • Open Source Startup PodcastπŸŽ™: "New Open Source Startup Podcast Episode ftΒ @Dan_Jeffries1Β on the role of open source in gen AIπŸ’ͺ Dan was previously Chief Intelligence Officer at open source foundation model coΒ @StabilityAIΒ & runs the AI Infrastructure Alliance✨ Check it out πŸ‘‰Β https://t.co/azk7vX2hEkΒ https://t.co/4xpYvPr9Ht"Β Link

  • JJ: "WordPress just turned 20 years young. It all started withΒ @photomattΒ expressing a personal pain point, andΒ @mikelittlezed1Β commenting on his blog with a voice of support. The rest is history. πŸš€Β https://t.co/JBuIJLqU9kΒ https://t.co/PMbNvGZcod"Β Link

  • AppFlowy: "🍞 Read our contributor's journey of merging their first PR and how to contribute toΒ @appflowyΒ in generalΒ https://t.co/jhvjpsh1MVΒ #opensource"Β Link

  • JJ: "Here's my (far too short) debate withΒ @NPCollapseΒ on why I think AGI should be open source and why it does not represent an existential threat to humanity. This was my first extensive discussion with anyone (let alone a brilliant expert like Connor) on this topic, so my comments...Β https://t.co/OjwbPW7jXt"Β Link

  • JJ: "Fear not what may happen because it can, but what won't happen because it cannot."Β Link

  • Spacedrive: "We've been hard at work making Spacedrive the best file manager on the planet. Version alpha 0.1.0, out some time next week.Β https://t.co/zwpi5flC5Z"Β Link

  • Kevin Fischer: "This is a monumentality important development in the AI copyright battle - first precedent is setΒ https://t.co/DABgSyP8Ol"Β Link

  • Mitchell Hashimoto: "Sharing how I approach large software projects, how I break down tasks and decide what order to work on things, and how I stay motivated throughout. This a personal thing, since different things motivate different people, but sharing my approach.Β https://t.co/oOuVABqfLL"Β Link

  • Peer Richelsen πŸ—“πŸŠβš‘οΈ: "https://t.co/EaZfAfjtKhΒ has to be my favourite new website of an open source project god damnit its beautifulΒ @umbrel"Β Link

  • JJ: "Open source alternatives at the infrastructure layer are extremely competitive. Open source alternatives at the application layer are a lot less competitive. Conclusion: Invest in and launch MORE app-focused COSS startups. πŸš€"Β Link

  • Peer Richelsen πŸ—“πŸŠβš‘οΈ: "i would be batshit scared if i ran a SaaS company and a well-designed, well-funded open-source alternative with tons of community traction comes around to compete"Β Link

  • Didier Lopes: "Today, we released a new open source package. You should definitely check it out. This is what allows us to have the latest OpenBB Terminal interactive charts.Β https://t.co/6rgWOtGGdKΒ https://t.co/jwJdJt7ct7"Β Link

  • Peer Richelsen πŸ—“πŸŠβš‘οΈ: "over 200 applications from around the globe already came in in less than 48 hoursΒ https://t.co/YsiH35qqHQΒ https://t.co/02cRmogUQf"Β Link

  • JJ: "πŸ’™ πŸͺ‚ LatestΒ @BlueskyΒ update... --- Still in private invite only beta 🀝 --- Just crossed 100K+ users πŸ“ˆ --- Custom algo feeds πŸ‘€ --- Prod desktop app πŸ–₯️ + more πŸ”₯Β https://t.co/8E79ul7WhC"Β Link

  • Hoppscotch: "We recently added support for audio and video API responses. You can now use Hoppscotch to test and debug text-to-speech APIs.Β https://t.co/gq7WwxV7sY"Β Link

  • JJ: "Every COSS startup with a brand should do the same.Β https://t.co/iw84vaOWo0"Β Link

  • Timur Ercan 🌏: "1000 x πŸ™ shoutout toΒ @EphraimDuncan_Β for creating this πŸŽ‰Β https://t.co/i3CEMKZmmG"Β Link

  • JJ: "Absolute best way to massively level up your career as an engineer: Learn about and contribute to open source AI projects."Β Link

  • JJ: "There are many exciting open Source alternatives to Atlassian's Jira, but this is a pretty cool new one:Β https://t.co/0jbrCTcodX"Β Link


πŸ’ΈΒ COSS Liquidity (M&A + IPOs)

  • JJ: "MongoDB is now worth more than what IBM paid for Red Hat in 2018... $34B~. Over the next 5 + years, we will see a lot more $30B + COSS companies emerge. Many have yet to be founded."Β Link
  • Jamin Ball: "Mongo quarter: - $368M rev (+29% YoY) vs $346M consensus (6% beat) - $390M next Q guidance vs $361M consensus (8% raise) - Raised full year guide by $37m (2%) - Atlas +40% YoY - $26m net new ARR (lowest in 2 years, last 2 q's both >$100m) - Q2 guide implies net new ARR going to...Β https://t.co/pmAfRvJvph"Β Link
  • JJ: "@DavidSacksΒ Umm...no. That is simply false. There are many big examples of great remote-first companies:Β @gitlab,Β @automattic,Β @remote,Β @elastic,Β @confluentinc,Β @mongodb,Β @redhatΒ and many more Remarkably, most are COSS / open source companies."Β Link
  • JJ: "Nothing to see here... justΒ @DavidSacksΒ selectively ignoring > $100 BILLION of remote-first company market cap (@redhatΒ @automatticΒ @gitlabΒ @remoteΒ @HashiCorpΒ @elasticΒ @confluentincΒ @MongoDBΒ +++).Β https://t.co/s3rYN9x6c0"Β Link
  • Kumar: "Everyone at $DOCU should be freaking the f*** out. Open source will crush. Keep your eyes onΒ @documenso. 1300 stars in less than 90 days.Β https://t.co/ucoTKKifBz"Β Link

πŸ› οΈΒ COSS Jobs

  • 3,459Β jobs and 284Β companies hiring!Β Link
  • Kiran: "Hiring for a backend engineer atΒ @hoppscotch_ioΒ Feel free to go ahead and apply directly if you find the role interesting and would love to work at HoppscotchΒ https://t.co/wIC5oDOKAS"Β Link

πŸ“Š $COSS - Public Markets

  • $COSS markets upΒ 6.19%Β last week
  • Latest $COSS markets snapshot below as of market close last Friday courtesy of Koyfin.

Koyfin market data

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