KhanhH162

@khanhhedge

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146 Followers

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Today we're coming out of stealth and announcing a $10M fundraise to accelerate Open Source Capitalism. Open Source is civilization's greatest accomplishment. Where corporations fail to innovate as they scale, Open Source leads the frontier. All of the best technologies, from databases and web frameworks to cryptography and game engines, are created in the open. Software with zero-cost replication allowed massive teams to collaborate on the same technical artifacts. Open Source permeated the barriers between corps and allowed humanity's greatest minds to work on shared technical foundations. But funding Open Source has been a perennial challenge. Tragedy of the commons this, tragedy of the commons that. While we applaud the push to increase altruism directed at Open Source, banking on goodwill isn't our idea of a prosperous future.

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Excited to announce that we at @meritsystems have raised $10m from our friends at a16z crypto and Blockchain Capital (with participation from @dwr.eth) to accelerate what we are calling Open Source Capitalism. Open source software is eating the world. It empowers every major company - and supports trillions of dollars of value every year. It’s a lever on the world - the way to make more with less. What if we could give it superpowers? We are a team of open source veterans with a fresh perspective on capital formation. @samrags and I worked together at a16z as hybrid engineers/investors, and @rfs comes from Blockchain Capital and AWS before that.

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Abstract Penguins campaign is live - abstractpeng.xyz @AbstractPeng My Referral Code - 👉zm1w65👈

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Join me on Bracket Frame...

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Join me on Bracket Frame...

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@bracketgame now operates through Farcaster Frames. The choice of Frames reflects my strategic preference for protocols that concentrate user attention and transaction flow into unified control points. A website would permit opacity. Every prediction must be public and permanent. The game is open. f.bracket.game

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Have a good day ser Zui🔥

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