This is a decent article that could stand on its own.
It is also a PR piece by TimescaleDB which has all interest in convincing people/investors that an open-source company is a good deal:
> (Disclaimer: Our company TimescaleDB is an open-source time-series database startup and shares investors with several of these companies, including Elastic, MongoDB, Hortonworks, Confluent, and Databricks.)
There were more paragraphs, but I only picked 2 to comment:
> If you are an individual, your project (or your contributions to someone else’s open-source project) will get you visibility and help your long-term career. If you want, you’ll travel the world, deliver talks on your work, and meet like-minded people along the way.
I doubt this is still the case. With GitHub/Universities promoting open source contributions all over the place, it offers much less leverage. Maybe a very popular project helps the career but otherwise I think it's just a work out of passion. Might even hinder your career.
>Some think that open-source foundations should fund open-source projects directly through stipends or fellowships. But these foundations are not money-making machines: e.g., the Apache Foundation barely made $500,000 in 2011. Perhaps these foundations can fund individual developers, but are extremely unlikely to be able to support open-source projects at scale.
True. But some foundations do fund specific areas in need, eg. FreeBSD Foundation. Apache is a bad example as they don't fund anything. What do they need $500,000 for is unclear to me since infrastructure for projects can't cost so much (and nowadays it's offloaded to GitHub, etc).