DeveloperWeek 2020 – PRO Session: Open-Core vs. Closed-Core Business Strategies

Learn how to build a successful open source project and business strategy, exploring the differences between open-core and closed-core approaches, and discover the importance of community engagement and monetization.

Key takeaways
  • Open source is not a business model, but a strategy. It’s a way to build a community around your project and create a sustainable business.
  • The importance of community maintainership is crucial in open source development.
  • Building a successful open source project requires understanding the interests of the community and being upfront about your goals.
  • Open source software is like a bazaar, messy and crowded, but that’s where the most surprising and exciting things happen.
  • A database is an operating system, and building one requires a rigorous engineering process.
  • When building a community, it’s essential to start with a clear vision and communicate it effectively to your users.
  • Open source projects need to have a dedicated group of contributors working on them, and it’s crucial to have a good feedback loop with the community.
  • Building a business on top of an open source project requires finding a way to monetize the project and create a sustainable revenue stream.
  • Open source is not just about the code, but about the community and the people involved.
  • When building an open source project, it’s essential to focus on the customer and satisfy their needs, as open source is an effective strategy to get there.
  • Building a successful open source project requires patience, persistence, and a willingness to learn from failures.
  • The most successful companies are those that are built on popular open source projects and then figure out how to build a great business on top of it in that order.
  • Open source is not just about the technology, but about the people and the community involved.
  • When building an open source project, it’s essential to have a clear vision and communicate it effectively to your users.
  • Open source projects need to have a dedicated group of contributors working on them, and it’s crucial to have a good feedback loop with the community.
  • Building a business on top of an open source project requires finding a way to monetize the project and create a sustainable revenue stream.
  • Open source is not just about the code, but about the community and the people involved.
  • When building an open source project, it’s essential to focus on the customer and satisfy their needs, as open source is an effective strategy to get there.