“Venture Capital Journal has published an interesting article
(subscription required) analyzing the state of venture capital
funding in open source software. While some of the data is somewhat
lacking* the article makes up for it with insight from the likes of
Robin Vasan, Peter Fenton, Amit Pandey, Cameron Lester, Harold
Goldberg, Larry Augustin, Lisa Lambert and Leo Spiegel.“One of the core questions asked in the article is: ‘have all
the good deals been done?’ Robin Vasan suggested they might have
been, saying ‘it’ll be the rare new company that will have an
interesting opportunity,’ while Larry Augustin disagreed, insisting
‘I see a fair number of early stage businesses out there looking
for venture financing around open source’ and Mark Radcliffe agrees
with him…”