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The state of open source in Europe

Tags: new social web
DATE POSTED:April 11, 2024

Open source is at a crossroads. For the past few years, venture capital has directly or indirectly paid for many of the contributors and much of the infrastructure it needed to keep going. That was until the past 24 months or so, when funding started to slow down, leading to less internal development or funding resources going toward open source. Companies suddenly had to justify themselves, have a real business model, cut costs, and fundamentally start to return something to investors. On the other hand, this reckoning has led to refocusing, new pure open-source forks of commercially-minded projects, and a…

This story continues at The Next Web
Tags: new social web