"Once allergic to open source--'let me get this
straightâ€¦ you're giving the software away? for
free?'--venture capitalists have in recent years adapted to the
reality of open source, arriving at the realization that the model
possesses certain intrinsic advantages in both distribution and
community building. So completely have these lessons been taken to
heart, in fact, that it was apparent in a few cases that the VC
community had actually over-rotated with respect to open source.
Tales of powerful VCs insisting that the software they were
considering funding be open source abounded--whether open sourcing
the software in question was in the interests of the startups they
were funding or not. Which, predictably, it wasn't always..."