Sarah Drinkwater
@sarahdrinkwater
Knowledge beachcomber interested in the ownership economy, flourishing communities, ecosystem building, magic, and knowledge as an end to itself.
Sarah Drinkwater
But what could a future-proof venture firm look like if it was built from scratch? These are the most common ideas that have come up in my conversations- Visionary leadership- An org chart that reflects value-creation- Product-led value proposition- Incentivizing collaboration and apprenticeship internally- Intellectually honest decision making
Fantasy Capital
Open Source Software and Collective ownership, Coops, and User Owned Platforms
I would argue that this is roughly the state of "open source" today. It is the modern software developer’s marmelade, with the OSI as our Konfitürenverordnung, continuing to aggressively enforce a phrase that has since evolved in the popular vernacular.
"open source" is not the logical negation of "closed source"
Open source is a development methodology; free software is a social movement.
Now that Open Source is heavily depended on by nearly every commercial company, we’re running into sustainability and maintainability problems. These are problems that really didn’t exist at scale before. A very famous recent example of this is the XZ Utils backdoor exploit, where an open source maintainer accepted a subtle but significant compromise from a bad actor, partially due to burnout and harassment of the maintainer.
However, I see this in nearly every maintainer that I talk to. It’s almost impossible to make money by writing and maintaining Open Source software, due to several factors. Everyone wants and expects free shit, and nobody feels that they need to support the people making this all possible.
The strange new truth is that most open source developers and maintainers are now patronized by large corporations.
What would be more ideal is to have not one company paying each developer, which is subject to the whims of corporate KPIs and management changes, but instead to have thousands of companies pay a very small amount to professional maintainers.
The main problem is that there is no good way to do this currently. There is little to no incentive for companies to do this and there are few ways to aggregate and disperse such funding.
The second growing problem in the Open Source ecosystem is the problem of the new generation of Commercial Open Source.
Developers have now been growing up for decades loving Open Source and open communities, and when they start companies and projects, by default they want them to be open. However, there are corporate sustainability issues with Open Source, just as there are with individual maintainer. Somewhat ironically, The Man is now using Open Source licenses to stick it to the developer!
While the Web3 space may be perceived as a financialized playground for scammers, there is a small but growing subculture of leftist labor activism emerging.
Dirt • Dirt: Solid(ar)ity
GP partnerships are highly time and attention constrained, making them the opposite of scalable. Most processes are run manually, and there is rarely much use of software or automation to help source, assess, or execute deals.