HOW FACEBOOK AND YAHOO ARE SPAWNING BILLION DOLLAR STARTUPS
In this scenario, the trend of increasing business especially leads to increase in lifestyle of every one. This will also lead to release software free and as a open source. Especially Facebook and Yahoo release its own software as free and open source.
Facebook is socially networking site. Its is mostly used by majority of people all around world. Thus a major issue is created in handling the data of all user in Facebook which has millions of messages everyday. To solve this problem Facebook seeks helps from vendor or consultants. Thus it decided to create its own software and named it as Cassandra in 2008 by Avinash Lakshman.
Cassandra is engine which is underpinned for storing and searching through Facebook inbox. It not only solved problem of searching the data but also prove storage. It is mainly used internally by Facebook so far. Hence it released Cassandra as an open software through Apache Software Foundation. When once it is released as an open software it can be moderate according to there specific uses. Thus Apple and Wikimedia uses this software, but now days smaller companies are also uses this software.
Not only Cassandra is only open source, but there are lot of many open sources are available. Also not only facebook, plenty of other companies are also Google,Linkedin, Apple are also releases open sources regularly. Hence more open software projects is making easier for startups.
Cloud era is big data startups build its own open source Apache Hadoop. DataStax is a startups is built upon Cassandra took big funding amount of $106 late last year. Thus the startups raise the value of each open source software. There are lot of people originated open source projects to turn their idea into a sustainable business. It will also improve the wealth of a business. Mesosphere, a high-profile data center management startup helmed by the inventor of Apache Mesos, raised $36 million in last December.
Venture Capitalists made 37 investment in open source based startups in 2014. But the real fact is that these startups are based on open sources that their developer customer are very well familiar with the concept and technology.
Hence Open sources has its startup to increase the value. If u want want to increase the value of your open source then why you delay to start to use startups.! Let “Startups”
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23 Comments. Leave new
nice work
Good Work 😀
Good work
very Informative
good job
Well codified;)
Nice job Padmaa!
Good, but could have been better.
I didn’t knew about that.
Good article
good work!
Good job.
This is so interesting
Great article! We can see where the whole world is moving. The idea of open source software is helping startup businesses to raise money, I feel this is becoming a very good platform for all the budding entrepreneurs to be successful.
Unique topic:D
Liked the way yo explain the article 😀
Thank you so much
Very interesting
This one’s good.
Nice strategy used by the tech giants
That’s something unique for today. Amazing job. 🙂
Thank you
good one
Interesting read!