How open-source software took over the world [TechCrunch Blog]
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Source: TechCrunch Blog
How open-source software took over the world Mike Volpi Contributor Share on Twitter Index Ventures It was just five years ago that there was an ample dose of skepticism from investors about the viability of open source as a business model. The common thesis was that Red Hat Fast-forward to today and we’ve witnessed the growing excitement in the space: Red Hat is being acquired by IBM MuleSoft for $6.5 billion MongoDB Elastic’s values the company at $6 billion merger of Cloudera and Hortonworks Confluent HashiCorp DataBricks Kong Cockroach Labs So, why did this movement that once represented the bleeding edge of software become the hot place to be? There are a number of fundamental changes that have advanced open-source businesses and their prospects in the market. David Paul Morris/Bloomberg via Getty Images From open source to open core to SaaS The original open-source projects were not really businesses, they were revolutions against the unfair profits that closed-source software c
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