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 😋 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!
💰 COSS Funding: $3.5M
- Platformatic, a back-end dev platform for microservices, announced their $3.5M Seed led by Decibel. Link
📚 COSS Content
JJ: "We @OSSCapital are now happy paying customers of @Documenso --- the open source DocuSign alternative. ❤️ ✍️ https://t.co/0t2liOPmiJ" Link
JJ: "Getting cold DMs like this (happens several times a week now) makes the work I do very fulfilling. ❤️ https://t.co/SLsdRbXu7l" Link
OSS Capital: "Maybe even top 500 software repos since many repos are just docs or awesome lists... 🤩 https://t.co/HzgmnNv9s9 https://t.co/DYkA3uNoZ8" Link
JJ: "Open source alternative to Quickbooks ? Yes please... https://t.co/1eqHSNlOou" Link
Marc Seitz: "Introducing Papermark 1.0 😃 https://t.co/dFPRN2ak7E An open-source alternative to DocSend that allows you to securely share documents with built-in analytics." Link
COSS Community 🌏: "@mfts0 https://t.co/jSnwH5uFV2" [Link](https://twitter.com/mfts0/status/1663627301547028480)
Peer Richelsen 🗓🍊⚡️: "be a legend. support open source projects. https://t.co/tbUKdonvgD" Link
Open Source Startup Podcast🎙: "New Open Source Startup Podcast Episode ft @Dan_Jeffries1 on the role of open source in gen AI💪 Dan was previously Chief Intelligence Officer at open source foundation model co @StabilityAI & runs the AI Infrastructure Alliance✨ Check it out 👉 https://t.co/azk7vX2hEk https://t.co/4xpYvPr9Ht" Link
JJ: "WordPress just turned 20 years young. It all started with @photomatt expressing a personal pain point, and @mikelittlezed1 commenting on his blog with a voice of support. The rest is history. 🚀 https://t.co/JBuIJLqU9k https://t.co/PMbNvGZcod" Link
AppFlowy: "🍞 Read our contributor's journey of merging their first PR and how to contribute to @appflowy in general https://t.co/jhvjpsh1MV #opensource" Link
JJ: "Here's my (far too short) debate with @NPCollapse 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... https://t.co/OjwbPW7jXt" Link
JJ: "Fear not what may happen because it can, but what won't happen because it cannot." 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. https://t.co/zwpi5flC5Z" Link
Kevin Fischer: "This is a monumentality important development in the AI copyright battle - first precedent is set https://t.co/DABgSyP8Ol" 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. https://t.co/oOuVABqfLL" Link
Peer Richelsen 🗓🍊⚡️: "https://t.co/EaZfAfjtKh has to be my favourite new website of an open source project god damnit its beautiful @umbrel" 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. 🚀" Link
Peer Richelsen 🗓🍊⚡️: "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" 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. https://t.co/6rgWOtGGdK https://t.co/jwJdJt7ct7" Link
Peer Richelsen 🗓🍊⚡️: "over 200 applications from around the globe already came in in less than 48 hours https://t.co/YsiH35qqHQ https://t.co/02cRmogUQf" Link
JJ: "💙 🪂 Latest @Bluesky update... --- Still in private invite only beta 🤝 --- Just crossed 100K+ users 📈 --- Custom algo feeds 👀 --- Prod desktop app 🖥️ + more 🔥 https://t.co/8E79ul7WhC" 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. https://t.co/gq7WwxV7sY" Link
JJ: "Every COSS startup with a brand should do the same. https://t.co/iw84vaOWo0" Link
Timur Ercan 🌏: "1000 x 🙏 shoutout to @EphraimDuncan_ for creating this 🎉 https://t.co/i3CEMKZmmG" Link
JJ: "Absolute best way to massively level up your career as an engineer: Learn about and contribute to open source AI projects." Link
JJ: "There are many exciting open Source alternatives to Atlassian's Jira, but this is a pretty cool new one: https://t.co/0jbrCTcodX" Link
💸 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." 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... https://t.co/pmAfRvJvph" Link
- JJ: "@DavidSacks Umm...no. That is simply false. There are many big examples of great remote-first companies: @gitlab, @automattic, @remote, @elastic, @confluentinc, @mongodb, @redhat and many more Remarkably, most are COSS / open source companies." Link
- JJ: "Nothing to see here... just @DavidSacks selectively ignoring > $100 BILLION of remote-first company market cap (@redhat @automattic @gitlab @remote @HashiCorp @elastic @confluentinc @MongoDB +++). https://t.co/s3rYN9x6c0" Link
- Kumar: "Everyone at $DOCU should be freaking the f*** out. Open source will crush. Keep your eyes on @documenso. 1300 stars in less than 90 days. https://t.co/ucoTKKifBz" Link
🛠️ COSS Jobs
- 3,459 jobs and 284 companies hiring! Link
- Kiran: "Hiring for a backend engineer at @hoppscotch_io Feel free to go ahead and apply directly if you find the role interesting and would love to work at Hoppscotch https://t.co/wIC5oDOKAS" Link
📊 $COSS - Public Markets
- $COSS markets up 6.19% last week
- Latest $COSS markets snapshot below as of market close last Friday courtesy of Koyfin.
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