Is it important to OpenSource my Product? How could it improve trust on your product? What are the cons with open sourcing?
OpenSourcing has gained huge popularity in industry especially in software community. Some of the largest enterprises in the world became successful through the use of OpenSource resources. It is primarily a collaborative philosophy of sharing and building source codes together. Naturally a plethora of doubts might arise to novice founders when they venture into this model.
What made me decide to OpenSource my Product? How do you propose to integrate it? How Opensourcing differs for product and software service? How to make revenue model out of Opensourcing? How do I get investors in developer ecosystem to get interested in my platform?
In this video, Prasanna Krishnamoorthy illustrates on gaining revenue stream if I OpenSource my product. He is Partner in Value Saas Catalyst firm Upekkha. He enjoys coaching young entrepreneurs and worked with Microsoft Accelerator. Moreover he also authored various articles on start-ups, product management and crafted frameworks for product-market fit.
This video is part of Start-up 101 series, a handbook for all your start-up questions. They are a series of crisp, straight to the point solutions to all the possible queries. Here our start-up Gurus strengthens your basics, before manoeuvring your way through nuances of start ups.