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Open Core Ventures
Open Core Ventures (OCV) is a venture capital firm that starts commercial open source software companies. Our team identifies open source software projects...
Open Core Ventures
Open Core Ventures (OCV) is a venture capital firm that starts commercial open source software companies. Our team identifies open source software projects with traction, recruits passionate project founders and contributors, and launches new companies. OCV companies aim to create tangible value for the open source community by providing access to resources and reducing the barrier to entrepreneurship. OCV believes in the power of open core, and the impact of open learning and collaboration. Our approach diverges from conventional venture capital because OCV starts companies and recruits founders; OCV does not invest in existing companies. The OCV model enables experienced, capable, and technical founders who otherwise would not have the resources to launch a successful startup. OCV does not make investments in existing open core companies.
General information
Firm type
Venture Capital
Year founded
2020
Location
Region
North America
Country
United States
City
San Francisco
Corporate office
San Francisco, CA, United States
Principals
Sid Sijbrandij
Team Member
Rich Aberman
Team Member
Chris Hubbell
Team Member
Maxine Ow
Team Member
Alex Smith
Team Member
Mark Wasuwanich
Team Member
Erica Lindberg
Team Member
William Xu
Team Member
Lainy Thomas
Team Member
Jamie Lynn Lufrano
Team Member
Sector focus
Frequently asked questions
Does Open Core Ventures operate more like a venture capital firm or a startup studio?
The firm operates closer to a startup studio than a traditional venture capital fund. OCV originates the company concept, builds the founding team, incorporates the new entity, and provides the initial $2M seed check along with sustained operational support. Traditional VCs evaluate existing teams; OCV assembles them.
Does the firm take board seats or provide ongoing operational support?
OCV provides sustained operational and strategic support after incorporation and funding. Its team works alongside the recruited founding team as the company builds commercial traction, though the specific governance structure — such as board composition — is not detailed publicly. The engagement is designed to last until the company can raise an external venture round.
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