[jchonphoenix]

I'm not trying to say your opinion is incorrect. Judging by your response, you took my comment a little too harshly.

I'm trying to point out that there is a very large number of companies where open sourcing on acquisition doesn't make sense. And there's also very serious financial risk to founders if they choose to adopt this idea. The way you've stated this suggestion, I'm afraid unsuspecting founders will adopt this policy and shoot themselves in the foot a few years down the line.

I draw a lot of this from personal experience. I just sold my company a few months back, I currently work at an open source company (which you've already mentioned as one of the "model" OSS companies), I have first hand experience with a company getting acquired that had this "open source" clause a few weeks back, and I'm also heavily involved in the due diligence process for many tier 1 VCs that look to invest in the infrastructure space.

Having been through all of that, I can say that my personal outcome would not have been possible had I had the "open source" clause for my company, and we would have needed to pivot hard. The company acquired with this clause lost a vast majority of its acquisition value because of this "open source" clause. It's basically become a talent acq. And from doing due diligence/working at an OSS company, it's become clear that most founders SEVERELY underestimate the challenges in building an OSS company. It's a double edged sword. And it's one where arguably the edge facing you is sharper than the one facing your market.

[christiansmith]

I didn't take it personally at all and if you have the time and inclination I'd love to hear more about your experiences. Please feel free to email me. smith at anvil dot io.