[Herman Martinus]

I recognize a lot of the sentiment here. Twenty years ago, I ran an open source social networking startup and tried to differentiate ourselves by saying many of these same things.

"Bear won't sell. I'm not building this to flip it to the highest bidder. No VC funding, no external pressures, no "exit strategy." Bear is independent and will stay that way."

In practice, I don't know how much that means to very many people. For a comparable example, take a look at Mastodon vs Bluesky (not, by the way, that this is a binary choice); the latter has taken on at least thirty million dollars in VC funding but is currently thriving.

Trust is something you earn over time through your actions and decisions, and isn't a direct outcome of your funding choices. There certainly are bootstrapped companies that have stood the test of time - Esri comes to mind, among others - but there are also VC-funded companies that have proven to have longevity and have done okay by their users. (This will alienate some of my readers, but I don't think VC is inherently bad; it only becomes so when it is considered to be the only funding option and non-VC businesses are shoehorned into that structure and strategy.)

Herman effectively comes to this conclusion in the piece too:

"I've recently chatted to a few bloggers and legal professionals on what a good structure looks like for a project like this. And the common theme was that the legal structure didn't matter nearly as much as the intentions of the people running things. We've seen our fair share of open-source projects become sour (see the recent Wordpress drama) or abandoned entirely. We've seen OpenAI become ClosedAI. There's a common thread here. Trust isn't just a legal structure, but a social contract."

Additionally, I think the conclusion that small, sometimes family-owned businesses last longer is not wrong, but context is important. For a local business? Absolutely. To what extent does this make sense on a global web where every service can be available to everyone? I really badly want this to be true here too, but it's not a given that it is.

Anyway. I really love what Herman is doing with Bear, and this piece isn't a criticism of him or his service in any way. It's fantastic that he's out there doing this. My feelings are more: this is a hard road, and the answers aren't yet clear. But it's a journey that I'm very glad people are on.

#Technology

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