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Startups clickhouse.com

Introducing ClickHouse, Inc.

Alexey Milovidov, announcing the formation of a (VC funded) corporation around ClickHouse, an open source analytics DBMS:

Today I’m happy to announce ClickHouse Inc., the new home of ClickHouse. The development team has moved from Yandex and joined ClickHouse Inc. to continue building the fastest (and the greatest) analytical database management system. The company has received nearly $50M in Series A funding led by Index Ventures and Benchmark with participation by Yandex N.V. and others. I created ClickHouse, Inc. with two co-founders, Yury Izrailevsky and Aaron Katz. I will continue to lead the development of ClickHouse as Chief Technology Officer (CTO), Yury will run product and engineering, and Aaron will be CEO.

ClickHouse wasn’t always a business. It also wasn’t always open source.

Making ClickHouse open source was also not an easy decision, but now I see: doing open source is hard, but it is a big win. While it takes a tremendous effort and responsibility to maintain a popular open-source product, for us, the benefits outweigh all the costs. Since we published ClickHouse, it has been deployed in production in thousands of companies across the globe for a wide range of use cases, from agriculture to self-driving cars.

The Changelog The Changelog #460

The business model of open source

This week we’re joined by Adam Jacob, CEO of System Initiative and Co-Founder of Chef, about open source business models and the model he thinks is the right one to choose, his graceful exit from Chef and some of the details behind Chef’s acquisition in 2020 for $220 million…in cash, and how his perspective on open source has or has not changed as a result. Adam also shared as much stealth mode details as he could about System Initiative.

Founders Talk Founders Talk #79

The acquisition of a lifetime

On today’s show Adam is joined by John Nunemaker (an old friend). For some of you listening you might remember John’s appearance on The Changelog #11, which was basically forever ago. Or his company Ordered List — they made Gauges, Harmony, and Speaker Deck which was quite popular in its time — so much so that they attracted the attention of Chris Wanstrath, one of the co-founders of GitHub to acquire Ordered List. The rest as they say is history. Today, John and I go back through that history to see what it was like to be acquired by GitHub and how that single choice has forever changed his life.

Raj Dutt grafana.com

Grafana Labs is officially a unicorn

Grafana Labs announced a $220 million Series C investment round yesterday at a $3 billion valuation. I had Raj Dutt, CEO of Grafana Labs, on Founders Talk late last year — should I get him back on?

Congrats on the “B” Raj and team.

As with our previous rounds in 2019 and 2020, this funding will enable us to focus on accelerating the development of our open source observability platform and supporting the success of our community and our customers.

Here’s one example of how we’re pushing toward those goals: Earlier this year, we launched an “actually useful,” forever-free tier of Grafana Cloud that provides the industry’s most generous no-cost, fully managed observability stack, with 50GB of Loki logs, 10,000 series of Prometheus metrics, and 3 Grafana dashboard users included. Now, we’re adding 50GB of traces to the free plan, leveraging our Grafana Tempo OSS project, which recently became generally available for production use.

Alex Ellis blog.alexellis.io

Building an open source marketplace for Kubernetes (2 years later)

It’s 22 months since I found myself frustrated with writing boilerplate instructions to install simple, but necessary software in every tutorial I wrote for clients and for my own open source work.

In this article post I’ll walk you through the journey of the past two years from the initial creation, through to growing the community, getting the first sponsored app and what’s next. There will be code snippets, and technical details, but there should be something for everyone as we celebrate the two year anniversary of the project.

Founders Talk Founders Talk #78

Leading Auth0 to a $6.5 billion acquisition

This week Adam is joined by Eugenio Pace, co-founder and CEO of Auth0. Auth0 is a for developers, by developers identity, access, security, and authentication platform built for the cloud that secures billions of logins every year. Mid 2020 they raised $120 million at a $1.92 billion valuation after being told no several times. Then, earlier this year in March they announced they were being acquired by Okta for $6.5 billion, in a bold and future-thinking all stock deal. This episode is full of wisdom, inspiration, and tactical advice that Eugenio has used to build Auth0.

Founders Talk Founders Talk #77

From open source to commercially viable

This week Adam is joined by Asim Aslam, the founder of Micro - a new cloud platform entirely focused on the developer experience of consuming and publishing public APIs. Asim’s journey spans many years of open source work on Micro. His sole focus right now, is evolving that work into a commercially viable business. This episode is jam-packed with stories of great timing, grit, resilence, success and failure, and, of course, lessons learned.

Startups github.com

GrowthBook – an open source A/B testing platform

The top 1% of companies spend thousands of hours building their own A/B testing platforms in-house. The other 99% are left paying for expensive 3rd party SaaS tools or hacking together unmaintained open source libraries.

Growth Book gives you the flexibility and power of a fully-featured in-house A/B testing platform without needing to build it yourself.

GrowthBook – an open source A/B testing platform

David Sacks sacks.substack.com

Building out your SaaS org

David Sacks shared frameworks for Series A, B, and C stage SaaS startup orgs, saying they can be “helpful as a starting point.”

You’re the founder of a nicely growing SaaS startup which has just raised a Series A, Series B, or Series C funding round. You need to hire rapidly to seize the opportunity. But how much should you hire, what roles should you hire, and what should the org chart look like when you’re done?

Career revenuecat.com

The case for location-independent salaries

Miguel Carranza from RevenueCat lays out why he and his co-founder decided to provide equal compensation for the same role regardless of location. Here’s the bullet points of their reasoning:

  • The quality of the work is equivalent
  • Immigration can be a challenge
  • Keeping up with the competition
  • It’s simpler
  • It’s part of our company mission

Read his post for the details along with some downsides of this approach.

Productivity typesense.org

The unreasonable effectiveness of just showing up everyday

Kishore Nallan:

When I first started working on Typesense six years ago, I set myself a simple rule:

I shall write some code everyday before or after work.

That’s it. No deadlines, no quarterly goals, no milestones.

Looking back, I cannot believe how much I’ve been able to ship over the past 6 years by just following this one rule.

This rule has served me well in my career as well. Showing up consistently and putting in the work pays dividends over the long-term that you just can’t see over the short-term. I’m reminded of the two best times to plant a tree: twenty years ago and today.

Founders Talk Founders Talk #76

From disrupting the cloud to IPO

This week Adam is joined by Mitch Wainer, previously CMO at DigitalOcean and a member of the founding team. They talk about his journey as an entrepreneur and marketer, the early days at DigitalOcean, and everything that went into disrupting the cloud with blazing fast SSDs. Back in March (2021), DigitalOcean started trading on the New York Stock Exchange (NYSE) — this obviously earned Mitch and many others a very large payday. They also talk about the work Mitch is doing now with Welcome and Sponsored.

Devon Zuegel devonzuegel.com

What are startup cities for?

Devon Zuegel on startup cities:

While the startup cities industry is still small, it is already quite heterogeneous. Each project has its own distinct set of goals, motivations, and scope. However, this diversity isn’t fully captured by the vocabulary we use right now.

To help myself create a mental map of the industry, I’ve grouped these motivations into 5 categories. I’ve also included examples of places that personify each motivation.

She goes on to discuss each of the 5 categories: economic opportunity, competitive governance, lifestyle, community, and technological & social experimentation.

I think it’s interesting how many of these categories also apply to online life. Related: cloud cities?!

Startups tinyacquisitions.com

A place to buy and sell tiny projects worth less than $5k

Sometimes you start a thing and lose interest. Or maybe it brings in some cash, but not what you’d hoped. Rather than let it languish and eventually die, sell your thing on Tiny Acquisitions.

Sometimes you want to start a thing, but don’t have a good idea. Or maybe you’ve tried a few times, but nothing that generated income. Rather than start from scratch with an unproven idea, buy a thing on Tiny Acquisitions.

The Changelog The Changelog #445

Funds for open source

This week we’re talking with Pia Mancini about the latest updates to the mission of Open Collective. Earlier this year Open Collective announced “Funds for Open Source.” The idea is simple, make it easy for companies to invest in open source, and they will. Also, since recording this episode, Pia and the team at Open Collective along with Gitcoin announced fundoss.org as part of Maintainer Week announcements. And right now, they have a matching fund of $75,000 dollars funding open source that you can support.

The Changelog The Changelog #443

Exploring Deno Land 🦕

This week we’re joined by Ryan Dahl, Node.js creator, and now the creator of Deno - a simple, modern and secure runtime for JavaScript and TypeScript that uses V8 and is built in Rust.

We talk with Ryan about the massive success of Node and how it impacted his life, and how he eventually created Deno and what he’s doing differently this time around. We also talk about The Deno Company and what’s in store for Deno Deploy.

Stack Overflow wsj.com

Stack Overflow sold to tech giant Prosus for $1.8 billion

I hadn’t heard of Prosus prior to this announcement, so if you’re at all like me, this is for you:

Prosus invests globally across a range of online platforms focused on areas such as food delivery, classifieds and fintech. It also maintains a more than $200 billion holding in Tencent. Prosus’ parent company, Naspers Ltd., acquired the Tencent stake in 2001 for $34 million.

Turning $34 million into $200 billion is quite the feat. They’re a savvy bunch, if nothing else. Joel Spolsky also wrote about the acquisition on his blog, ensuring us that everything is going to be okay:

Prosus is an investment and holding company, which means that the most important part of this announcement is that Stack Overflow will continue to operate independently, with the exact same team in place that has been operating it, according to the exact same plan and the exact same business practices.

I hope he’s right, but color me skeptical. Stack Overflow surely isn’t perfect as is, but it’d be a huge set back to the software world if it were to decline from here.

Stripe Icon Stripe

Guide to managing founder stress

Stripe Atlas has a wide array of guides to running an internet business that are totally open and free for everyone. This guide, written by Dr. Sherry Walling (a clinical psychologist), on “managing founder stress” covers everything from running smart (not just hard), coping with chronic stress, mastering the ups and downs, and a reminder that as a founder you are not alone.

If you like this guide, then you’ll probably be a fan of my podcast Founders Talk too.

Paul Graham paulgraham.com

Crazy new ideas

Paul Graham on preposterous sounding ideas and how easy they are to dismiss:

Most implausible-sounding ideas are in fact bad and could be safely dismissed. But not when they’re proposed by reasonable domain experts. If the person proposing the idea is reasonable, then they know how implausible it sounds. And yet they’re proposing it anyway. That suggests they know something you don’t. And if they have deep domain expertise, that’s probably the source of it.

Such ideas are not merely unsafe to dismiss, but disproportionately likely to be interesting. When the average person proposes an implausible-sounding idea, its implausibility is evidence of their incompetence. But when a reasonable domain expert does it, the situation is reversed. There’s something like an efficient market here: on average the ideas that seem craziest will, if correct, have the biggest effect.

I’m not a big ideas guy. Never have been. Adam is, though. And I freely admit that many of his ideas sound preposterous to me at first. But I’ve learned over the years to hear him out, because he’s usually on to something, even if it’s not fully-formed yet. And it turns out I’m pretty good at taking partially-formed ideas and helping firm them up. This is one of the reasons why we make a good team.

Having new ideas is a lonely business. Only those who’ve tried it know how lonely. These people need your help. And if you help them, you’ll probably learn something in the process.

Raj Dutt grafana.com

Grafana, Loki, and Tempo will be relicensed to AGPLv3

Raj Dutt, CEO and co-founder of Grafana Labs:

Our company has always tried to balance the “value creation” of open source and community with the “value capture” of our monetization strategy. The choice of license is a key pillar of this strategy, and is something that we’ve deliberated on extensively since the company began.

Over the last few years, we’ve watched closely as almost every at-scale open source company that we admire (such as Elastic, Redis Labs, MongoDB, Timescale, Cockroach Labs, and many others) has evolved their license regime. In almost all of these cases, the result has been a move to a non-OSI-approved source-available license.

We have spent the first months of 2021 having sometimes contentious but always healthy internal debates over this topic, and today we are announcing a change of our own.

They’re switching to AGPLv3, which is OSI-approved, but like Heather Meeker said on our SSPL/Elastic episode, is often on the DO NOT USE list at large tech firms. Raj continues:

Ensuring we maintain these freedoms for our community is a big priority for us. While AGPL doesn’t “protect” us to the same degree as other licenses (such as the SSPL), we feel that it strikes the right balance. Being open source will always be at the core of who we are, and we believe that adopting AGPLv3 allows our community and users to by and large have the same freedoms that they have enjoyed since our inception.

Read the entire post for more details on what is being re-licensed, what isn’t, and what it all means. They also have a Q&A on their blog answering other common questions and concerns.

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