TimescaleDB raises $40M • Hacker News Board

Re: TimescaleDB raises $40M

#141

Post by woofie11 » Mon, May 10, 2021, 2:32 PM UTC

GordonS wrote: post #138

woofie11 wrote: post #137

Earlier quoted context omitted.

I think you've done a very good job of doing something which a developer will grog. I think you've done a very poor job with doing something which a court will grog the same way. I think that's where the astronomical potential liability comes in with respect to using your product. A lot of 2.1.a versus 2.1.b will hinge on details of how a court will read ambiguous language like "not primarily database storage or oper…

I don't know about the US specifically, but here in Europe the courts take a dim view of trying to weasel around wording when the intent is clear - if the intent is clear, that's the most import thing.

Even with the EU, there isn't a "here in Europe." Europe has common law jurisdiction, like Ireland, and civil law jurisdictions, like France, and there isn't uniformity.

I don't know about civil law jurisdictions, but in the US, this license is a liability bomb.

Re: TimescaleDB raises $40M

#142

Post by woofie11 » Mon, May 10, 2021, 5:31 PM UTC

mfreed wrote: post #140

woofie11 wrote: post #137

Earlier quoted context omitted.

I think you've done a very good job of doing something which a developer will grog. I think you've done a very poor job with doing something which a court will grog the same way. I think that's where the astronomical potential liability comes in with respect to using your product. A lot of 2.1.a versus 2.1.b will hinge on details of how a court will read ambiguous language like "not primarily database storage or oper…

Realize you might not be comfortable with the license. For others, I can share at least that it was drafted by some of the most experienced copyright & IP counsel there is, including with significant open-source licensing experience. But anyway, we're providing it as free software, so if you don't feel comfortable with it, you are certainly free to use our Apache-2 version. Cheers!

Words I live by:

"Never Take Legal Advice from Opposing Council."

Terms-of-service and Facebook's employment agreement were generally drafted by experienced counsel. That means they do a good job of protecting the person on the opposite side of the table, not of protecting me.

And the term isn't "free software." It's "freemium software."

It's exactly this sort of comment which makes me distrust TimescaleDB.

Re: TimescaleDB raises $40M

#143

Post by dataviz1000 » Tue, May 18, 2021, 12:19 PM UTC

dataviz1000 wrote: post #99

akulkarni wrote: post #70

Earlier quoted context omitted.

Timescale Co-founder here. Happy to address your concerns! 1. Monetization strategy This funding round is actually a sign that our business model is working really well. To quote Redpoint Ventures, who led this funding round: "The [Timescale] team capitalized on their significant community momentum last year, with their cloud business being one of the fastest-growing database businesses we have seen in the past 20+ y…

Lately, I've been studying machine learning, from point zero, with a focus on time series analysis. Two months in already completed a course on Python and another book on Pandas, several hundreds of hours later in the fourth chapter in a book I paid for on deep learning and time series analysis they provided me with the most important information I needed: there is no evidence deep learning works better than traditio…

Yeah, I didn't fully understand the problem of time series forecasting. Looks like I'll probably have to have C or python bindings / bridge to do the computation.