this post was submitted on 05 Nov 2023
73 points (98.7% liked)
Open Source
30206 readers
298 users here now
All about open source! Feel free to ask questions, and share news, and interesting stuff!
Useful Links
- Open Source Initiative
- Free Software Foundation
- Electronic Frontier Foundation
- Software Freedom Conservancy
- It's FOSS
- Android FOSS Apps Megathread
Rules
- Posts must be relevant to the open source ideology
- No NSFW content
- No hate speech, bigotry, etc
Related Communities
- !libre_culture@lemmy.ml
- !libre_software@lemmy.ml
- !libre_hardware@lemmy.ml
- !linux@lemmy.ml
- !technology@lemmy.ml
Community icon from opensource.org, but we are not affiliated with them.
founded 5 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
The guy who founded owncloud (Frank), sold it to american venture capitalists. When Frank didn't like how the VCs were planning to enshittify Owncloud, he forked the project and moved it back to Germany from Boston. The American VCs saw this, realized they couldn't exploit the software anymore, so they sold Owncloud to a group of German businessmen. Ironically for Frank there are now two german owned non-VC backed cloud software based on the same code. But yeah they're taking different strategic paths for growth.