Noticing the React ecosystem took in around nearly 8MM in seed funding in the past week between two companies (Prisma and Gatsby). Venture capital growing bullish on the future of open source web tech.
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Replying to @brianleroux
yay? I'm legitimately happy for these people/companies yet concerned about the distorting effects big VC checks can have on open source communities
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Replying to @southpolesteve
I'm in "camp indifferent about business models. VC way too much media hyperbole. A business model is not an evil thing or a good thing. Diff ones have diff tradeoffs. Good actors and bad. Just like bootstrapping. /shrug
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Replying to @brianleroux @southpolesteve
Also think some folks confused my 'noticing' with 'omg this is a celebratory moment'. It is validation for the ecosystem which is nice but not really a thing to laud or celebrate per se. An indicator. One signal among many.
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Replying to @brianleroux
fair. It's not exclusive to VC anyways. BigCos do it too. I think my biggest annoyance comes when value created by the community gets extracted. In a true community ownership takes many forms. In a company it takes one: shares of stock
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Replying to @southpolesteve @brianleroux
There are ways to fix that. But people won't or the systems make it hard. Gatsby could give stock to every contributor. FB could give stock to every commiter to Jest. Of course that would distort things in an entirely different way :)
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Replying to @southpolesteve
that'd be pretty cool; if it wasn't a snake oil pit of deception I'd say that would be a perfect application of these cryptocurrency contracts/tokens/etc
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Replying to @brianleroux
If I ever have an open source project become huge I will want to try something like it, even if it is hard. The world can hold me to it by referencing this tweet.4 replies 0 retweets 1 like -
Replying to @southpolesteve
check out https://licensezero.com/ (some super brilliant thinking here imo)
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I wrote up a gist about this 6 years agohttps://gist.github.com/southpolesteve/4152385 …
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