Leading neural network engineers are being offered fantastic compensation packages, according to people in the know. Some have been offered up to $20 million worth of assets for their labour.
Theatre.js, a brand new creative platform from Finland, has raised $4.5 million with its seed round and the platform is now planning to start its operations.
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Power of the open source constant
Power of the open source constant
Investment in open source technologies and companies has been going strong for more than two decades. Credit: Dreamstime
Mike Volpi, a partner with Index Ventures, had just secured a billion-dollar payday with Confluent’s IPO ($1.3 billion, to be more exact).
TechCrunch that venture capitalists weren’t too “hyped” about investing in open source in 2015, and that this changed only recently, he can be forgiven for a bit of revisionist history. I get it.
But VCs have been pouring money into open source since Red Hat lit the fuse back in 1999 when it went public, with no deceleration since then. What has changed is the kind of open source investment that succeeds.
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