The Relationship Between Venture Capital and Open Source

Peter Fenton joined Benchmark Capital in 2006 after spending seven years as a partner with Accel Partners, where his investment interests included software, digital media, and technology enabled services.

Prior to joining the venture capital community, he spent several years working with Silicon Valley software and high-technology companies as an entrepreneur and strategy consultant. Peter also worked as a management consultant at Bain & Company in San Francisco, where he advised high-technology businesses in Silicon Valley on their product and business strategies

In this video, Peter explains the unique relationships between a venture capital firm and an open source company they fund. Often the logic behind backing a company that does not charge anything for their product is sometimes hard to understand.

This video is 4 mins and 1 second long.


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