Why Founders Are Embracing Open Source Again

Open source can create momentum and adoption, but it also introduces a set of risks founders should not underestimate
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Open source can create momentum and adoption, but it also introduces a set of risks founders should not underestimate

Next month, one of the leading European operators is expected to announce a dedicated, Israel-focused venture capital fund. While there is no one-size-fits-all approach to innovation clusters, some telcos are getting a better ROI from Israel than others.

Nearly 100,000 new developers created applications this year for the App Store, which rakes in 4x more revenue than Google Play. With the number of App Store applications now topping 1 million, application discovery platform Appsfire has released a fascinating end of year infographic about the App Store.
Wibiya, the two year old on-site social toolbar provider (held by parent company Modular Patterns), has announced it is launching a developer platform and an open API which will enable third party applications on the Wibiya toolbar. It is approaching the reach of Conduit, the successful Israeli startup providing customized downloadable toolbars, which works with 250,000 publishers and 170 million users - except that it took the latter ten years to get there....
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