Investing in Open-Source Data Tools - Bela Wiertz

We talked about:

• Bela's background
• Why startups even need investors
• Why open source is a viable go-to-market strategy
• Building a bottom-up community
• The investment thesis for the TKM Family Office and the blurriness of the funding round naming convention
• Angel investors vs VC Funds vs family offices
• Bela's investment criteria and GitHub stars as a metric
• Inbound sourcing, outbound sourcing, and investor networking
• Making a good impression on an investor
• Balancing open and closed source parts of a product
• The future of open source
• Recent successes of open source companies
• Bela's resource recommendations

Links:

• Understand who is engaging with your open source project article: https://www.crowd.dev/
• Top 6 Books on Developer Community Building: https://www.crowd.dev/post/top-6-books-on-developer-community-building
• Which open source software metrics matter: https://www.bvp.com/atlas/measuring-the-engagement-of-an-open-source-software-community#Which-open-source-software-metrics-matter

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