What’s AI Doing for Me?
As a CPO, I’m "AI-pilled" but find LLMs struggle to impact my manager’s schedule. While ICs see 10x gains, leadership work is hard to automate.
Random thoughts + ideas on technology, startups, open source, and building companies
As a CPO, I’m "AI-pilled" but find LLMs struggle to impact my manager’s schedule. While ICs see 10x gains, leadership work is hard to automate.
Talend did a fantastic job in their first arc - building an open-source community, monetizing its proprietary product, and going public. Their second arc is all about reinventing themselves as a cloud/SaaS vendor, and so far, it’s going much better than their stock would indicate.
In conversations with founders, one question came up repeatedly: "How do you build a community around an open-source project?"
Focus on finding project-market-fit before moving on to building a proprietary product. The proprietary product builds on the success of the project.
MongoDB went public as a self-managed software vendor in 2017. In the following years, it transformed itself as a SaaS vendor and moved down-market.
Red Hat is often mentioned as the “original” open source vendor. Yet, nobody who applied the Red Hat model became a runaway success.
Open core has a “built-in conflict” between the open source project, the community, and the commercial vendor. Managing this conflict properly is crucial for the success of your company. It will help tremendously if you derive what goes into open source vs. what’s proprietary from first principles.
1on1s aren’t rocket science. Yet, it still makes sense to put a basic structure in place.
Elastic is growing faster than its peers, on top of higher absolute numbers. Particularly the last 2–3 quarters before the S-1 filings are outstanding. That’s both promising, as well as setting high expectations for the post-IPO results.
Bloomberg’s article caught my eye, and I looked into how GitHub is performing. All metrics are from Eric Newcomer’s Bloomberg article and tweets.
Summarizing a successful startup in one sentence is simple: Great people build great products, get great customers, and eventually build a great company.