DataTalks.Club

Investing in Open-Source Data Tools - Bela Wiertz


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We talked about:

  • Bela's background
  • Why startups even need investors
  • Why open source is a viable go-to-market strategy
  • Building a bottom-up community
  • The investment thesis for the TKM Family Office and the blurriness of the funding round naming convention
  • Angel investors vs VC Funds vs family offices
  • Bela's investment criteria and GitHub stars as a metric
  • Inbound sourcing, outbound sourcing, and investor networking
  • Making a good impression on an investor
  • Balancing open and closed source parts of a product
  • The future of open source
  • Recent successes of open source companies
  • Bela's resource recommendations

  • Links:


    • Understand who is engaging with your open source project article: https://www.crowd.dev/
    • Top 6 Books on Developer Community Building: https://www.crowd.dev/post/top-6-books-on-developer-community-building
    • Which open source software metrics matter: https://www.bvp.com/atlas/measuring-the-engagement-of-an-open-source-software-community#Which-open-source-software-metrics-matter

    • Free MLOps course: https://github.com/DataTalksClub/mlops-zoomcamp

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