Alright, alright, alright! 🎸✌️ Open-source software is like the ultimate mixtape, man. Everyone's adding their best tracks, and it's all for free! πŸ“Ό Tape's Always Rolling: Keep on hackin'. No need for a record deal. πŸ” See-Through Sleeves: No hidden tracks. Everything's upfront and cool. πŸ’Ύ No Cash for Clunkers: Why buy when you can DIY and share? πŸ€œπŸ€› Groovy Gatherings: Like Woodstock for coders, peace, love, and lines of code. 🌍 Worldwide Jam Session: Everyone plays from basements to big stages. #OpenSource is the party that never stops, where every geek is a rockstar. Keep it real and open, and let's jam, baby! πŸ•ΆοΈπŸŽΆ
Ever feel like VCs are speaking another language? πŸ€” Don't worry, we've got you covered! Let's decode some VC lingo for all our Thunder Funder fam - accredited or not! πŸŒ©οΈπŸ’° Term 1: "Unicorn" πŸ¦„ A startup valued at over $1 billion. Rare, magical, and everyone wants to catch one! Term 2: "Burn Rate" πŸ”₯πŸ’Έ How fast a startup is spending money. Like watching your wallet catch fire after a shopping spree! Term 3: "Exit" πŸšͺπŸƒβ€β™‚οΈ When founders cash out by selling or going public. It's the grand finale of building the company! πŸ’₯ Term 4: "Bootstrapping" πŸ‘’ Starting a company with your own money. Like making a gourmet meal with whatever's in your fridge - creativity required! Term 5: "Hockey Stick Growth" πŸ’πŸ“ˆ Sudden, explosive growth after a period of flat progress. Imagine your startup scoring a hat-trick in the business world! #GrowthHacking #ScaleUp image
πŸ” #FounderBootcamp: Get ready to dive deep into the problem you're solving! Here are 3 questions VCs might ask about your solution.πŸ‘‡ #StartupFounders 1. ❓ "What is the specific problem you are solving?" Clarity is key. Define the problem in a way that resonates. #ProblemSolving 2. 🌟 "How are people solving this problem today?" Understanding the current landscape is vital. What's your competitive edge? #CompetitiveAnalysis 3. πŸš€ "Describe your solution to this problem." Paint a vivid picture of your solution. How does it stand out? #InnovativeSolutions image
Check out the #opensource startups in the latest Y Combinator Batch πŸ‘‡πŸ» Hint, there are 8 of them! 1. Patched () is an open-source framework that uses AI to accelerate asynchronous development tasks like code reviews, lining, patching, and documentation. They are the preferred option for enterprises looking to add AI for dev workflows without compromising security. 2. Simplifine is an open-source, AI-assisted LLM fine-tuning library for non-AI developers. Simplifine reduces the learning curve and lets users focus on innovation instead of infrastructure management. 3. Ionworks () provides battery-simulation-as-a-service to help battery engineers accelerate their design cycles by replacing experiments with simulations. They are building their application on top of PyBaMM, the world's leading open-source battery modeling software (also created by the founders of Ionworks) 4. The goal of Panora (https://x.com/panoradotdev) is to make API integration seamless and simple. They provide developers API endpoints with unified abstractions so their products can integrate easily. 5. There is a microservices/monolith dilemma that Guage () is helping solve by building #opensource Python tools. "In the short term, Gauge is building tools to help you scale a modular monolith. Long term, Gauge is building a way to deploy a single codebase as a set of independent services, giving you the scalability of microservices with the simplicity of a monolith." 6. Stack Auth is an #opensource, self-hostable, highly customizable authentication and user management system. They provide frontend and backend libraries for Next.js, React, and JavaScript. 7. Glasskube () is revolutionizing the world for Kubernetes. It's an #opensource package manager that makes deploying, updating, and configuring packages on Kubernetes **20x faster** than the legacy tools of Helm or Kustomize. 8. Overeasy () makes going from an idea to CV model, 100x faster. Overeasy is building "IRIS," an AI agent that helps you automatically label your visual data with prompting. These startups are just a small portion of all of the excitement and momentum that is being built in the world of #opensource development. We are looking forward to seeing how these companies continue to build using the #opensource model! image
Thunder Funder Alert! ⚑️ We will be launching our first deal soon. Be sure to earn your signup badge when you complete your account setup! πŸ† πŸ‘‰ image
#Opensource tech is like the 90s mixtape of innovation. Free, collaborative, and totally rad! Dive into the open-source world and discover how it's changing the game. What's your favorite open-source project?
It’s all about the community πŸ™Œ #community #opensourceeverything
Our founder, Mike Jarmuz, shares a brief history of Regulation Crowdfunding ✨ Huge thanks to Stephan Livera for having us on his awesome podcast!
Many think that open-source companies don't make any money. Here are some examples of highly profitable open-source projects: πŸ‘‡ 🎩 Red Hat: The OG of open-source profit. Built an empire on Linux and got scooped up by IBM for $34 billion in 2019. Not too shabby for "free" software! πŸƒ MongoDB: This NoSQL database is no joke in the profit department. Went public in 2017 and hit $1 billion in revenue in 2023! πŸ” Elastic: The brains behind Elasticsearch. Went public in 2018 and is raking in hundreds of millions annually. 🦊 GitLab: DevOps darling that went public in 2021. Worth billions now. Turns out, developers love paying for tools that make their lives easier! 🌊 Confluent: Riding the Apache Kafka wave to the bank. IPO'd in 2021 at an $11+ billion valuation. ⚑ Databricks: The spark in Apache Spark. Still private but valued at $30+ billion. πŸ”’ HashiCorp: Securing the bag with open-source infrastructure tools. Went public in 2021 at $10+ billion valuation. Security sells! 🐘 Cloudera: Hadoop's golden child. Taken private in 2021 for $5.3 billion. The lesson? Open source can be insanely profitable when done right. It's not just about free software, it's about building communities, solving real problems, and offering value-added services. image