The Secrets to Building Vibrant Communities in Web3 Open-Source
Tomasz TunguzVenture Capitalist If you were forwarded this newsletter, and you'd like to receive it in the future, subscribe here. The Secrets to Building Vibrant Communities in Web3 Open-Source
The Community Source licenses may be the future of open source software. With closed-source software, the code isn’t shared outside the company that wrote it. Open-source code is freely available to examine & use. Open-source companies like Elastic ($13b), Confluent ($10b), MongoDB ($33b) have been phenomenally successful. Along the way, many of them have changed their licenses to shield themselves from copycats. Arbitrum, an open source project with 1m Twitter followers & worth about $20b, implemented a “Community Source” license with these key features :
Today, more than 300k people belong to the community. They vote on technical roadmap, compensation, & their own operations, governed by this license & manage a treasury with $3b of assets.1 During Office Hours on Friday, [Steven Goldfeder, founder & CEO of Arbitrum, explained these benefits of the Community Source license. In addition, Steven shared the principle guiding the building of Arbitrum’s vibrant community : all developers are treated equally whether their projects originated from the titans of the space or a two-person team. Arbitrum today captures about 50% of marketshare in its space across three products that enable developers to select the best chain for their purpose : the original Arbitrum Rollup Chain that accerelates Ethereum transactions, Arbitrum Nova which is designed for games & social applications, & Arbitrum Orbit, which enables developers to customize chains to their needs. Steven’s perspective on the future of web3, the deliberate developer relations strategy, & the Community Source license can be found here. Thank you for joining us & sharing your insights, Steven! 1 The Community Source license is implemented as a Business Source License with the governance clauses mentioned above & some others. |
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The First $100m ARR AI Security Company
Thursday, February 22, 2024
Tomasz Tunguz Venture Capitalist If you were forwarded this newsletter, and you'd like to receive it in the future, subscribe here. The First $100m ARR AI Security Company Palo Alto Networks,
Nobody Knows : Steel & Blockchains
Tuesday, February 20, 2024
Tomasz Tunguz Venture Capitalist If you were forwarded this newsletter, and you'd like to receive it in the future, subscribe here. Nobody Knows : Steel & Blockchains Asking “What problems
Building a $20b Behemoth : Office Hours with Steven Goldfeder of Offchain Labs
Monday, February 19, 2024
Tomasz Tunguz Venture Capitalist If you were forwarded this newsletter, and you'd like to receive it in the future, subscribe here. Building a $20b Behemoth : Office Hours with Steven Goldfeder
One of the Biggest Public Offerings in 20 Years
Monday, February 19, 2024
Tomasz Tunguz Venture Capitalist If you were forwarded this newsletter, and you'd like to receive it in the future, subscribe here. One of the Biggest Public Offerings in 20 Years The Bitcoin
The Sudden Repricing of Startups in Early 2024
Friday, February 9, 2024
Tomasz Tunguz Venture Capitalist If you were forwarded this newsletter, and you'd like to receive it in the future, subscribe here. The Sudden Repricing of Startups in Early 2024 We're
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