Chad has been leading the Open Source Pledge, a simple framework to get companies to fund the projects they rely on. The idea is straightforward: for every developer your company employs, allocate $2,000 per year to open source. Distribute those funds however you want—GitHub Sponsors, Open Collective, Thanks.dev, direct payments, etc. The only other ask is to publish a blog post showing what you did. - Source: dev.to / 25 days ago

We see some projects that can financially survive (via sponsor or external infrastructure such as open collective or patreon), favoring the long-term sustainability. Thus, we keep our stand on promoting a transparent governance model to state where the investment will be managed and who can benefit from it, especially when knowing that non-technical users have an increasing key role in these communities. - Source: dev.to / 25 days ago

Leverage multiple platforms: Utilize GitHub Sponsors along with OpenCollective to broaden funding sources. - Source: dev.to / 25 days ago

Traditionally, open source projects were sustained by volunteer contributions and modest donations. However, as digital infrastructure came to rely on open source software, the need for reliable, scalable funding became evident. Enter corporate sponsorship—a model where companies invest in open source initiatives to secure their technology stacks, attract top talent, and foster innovation. This has spurred the... - Source: dev.to / 27 days ago

Abstract: This post explores various open source project funding strategies and examines their evolution, core concepts, applications, challenges, and future trends. We discuss methods such as sponsorship and donations, crowdfunding, dual licensing, paid services, foundations and grants, and the freemium model. Through real-world examples and a technical yet accessible approach, this guide offers insight into... - Source: dev.to / 27 days ago

Open source projects often monetize by providing hosted services, offering enterprises and end-users convenience, scalability, and support in exchange for a fee. For instance, Automattic offers hosting and premium services for WordPress, effectively monetizing its open source platform. This model allows projects to offer freemium services where the core software is free, but additional features or services are... - Source: dev.to / 4 months ago

Service-based models generate income by providing additional services such as installation, customization, or consultancy. Companies like Automattic, the force behind WordPress, leverage this model by offering hosting and premium services. This approach is flexible and scalable, making it a popular choice for many open source projects. - Source: dev.to / 4 months ago

Service-based models leverage open source projects to provide additional services that generate income, such as installation, customization, or consultancy. Automattic, the company behind WordPress, exemplifies this approach by offering hosting and premium services. For more on revenue strategies, check out open source project revenue strategies. - Source: dev.to / 4 months ago

Automattic has quite a portfolio as of now: https://automattic.com. Among other things they now have Beeper, Simplenote + Day One, PocketCasts, and Tumblr which is moving. - Source: Hacker News / 9 months ago

I hope Reddit's valuation goes into the trash, then they get bought by Automattic for peanuts. Like Tumblr. Source: almost 2 years ago