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Mar-2008
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Michelle Dively (1)
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funding (1)
venture capital (1)

Should Open Source Projects Accept VC Backing?

According to a talk by Benchmark Capital's Rob Bearden at this week's Open Source Business Conference (OSBC), the nature of open source business models are changing. He says open source companies should strive to become the enterprise standard in their market space in order to effectively monetize their commodities. He also notes that if companies are willing to embrace the idea of making money off their open source projects, then they might be rewarded with an infusion of venture capital cash.