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Harvard Innovation Labs Cast

02/02/14

@ Harvard Innovation Labs

A successful business model in open source involves leveraging community contributions to drive innovation and reduce costs, as seen with Drupal's development.

Video

Harvard i-lab | Startup Secrets: Business Model

@ Harvard Innovation Labs

Harvard i-lab | Startup Secrets: Business Model

02/02/14

Related Takeaways

Mark Zuckerberg

07/30/24

@ NVIDIA

The open-source strategy is a good business strategy, as it fosters a robust ecosystem that enhances the quality of the products we build.

Harvard Innovation Labs Cast

06/12/13

@ Harvard Innovation Labs

Leverage open-source resources and community contributions to enhance your product without incurring high development costs.

Paul Copplestone

05/14/25

@ Accel

We prioritize open source tools because they are integral to our business model, and we focus on what we can reasonably contribute back to the community.

a16z Cast

03/21/25

@ a16z

Building technology on open-source models reduces failure points, as it leverages the collective effort of the global community to ensure security and reliability.

Juan Benet

07/01/17

@ Y Combinator

In open source, a company can invest deeply in a project by allocating engineers to work on it, rather than just giving money to everyone involved.

Y Combinator Cast

12/14/24

@ Y Combinator

The rise of open-source models has shifted the landscape, allowing startups to compete effectively without relying solely on large foundation model companies.

Y Combinator Cast

11/27/24

@ Y Combinator

If your product is open source, consider monetization strategies like offering cloud hosting or an open core model with premium features.

Sam Altman

04/12/25

@ TED

Open source has an important role, and we are developing a powerful open-source model that will be better than existing ones.

Aaron Levie

02/20/25

@ Y Combinator

There's a growing interest in open source within enterprises, as it allows companies to utilize powerful tools without the associated costs of proprietary software.