Engaging investors and founders in metrics

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CHAOSScast – Episode 127

In this episode of CHAOSScast, host Alice is joined by Matt Trifiro from the Commercial Open Source Startup Alliance (COSSA) and Daniel Izquierdo, CEO of Bitergia and co-founder of the CHAOSS Community. The discussion delves into the importance of open source community health metrics in shaping successful commercial strategies for startups. Matt shares COSSA's mission to support the growth of venture-funded open source projects by fostering collaboration among founders, investors, and customers. Daniel discusses how community health can influence the sustainability and innovation of projects. They also explore the future goals of COSSA, including establishing a working group to develop standardized metrics for evaluating community contributions and business value. Press download now to hear more!

[00:00:29] Matt and Daniel introduce themselves and their backgrounds.

[00:01:56] Matt explains COSSA’s mission.

[00:02:58] Matt cites evidence that community health can correlate with business outcomes and that investment can improve community indicators, and there’s a discussion on moving beyond vanity metrics like GitHub stars.

[00:05:13] Daniel shares his perspective from the Open Compliance Summit (Tokyo) and the supply chain/corporate lens: organizations want confidence the software will be safe and still maintained years from now, and he talks about measuring health via collaboration networks.

[00:08:34] Matt breaks value into two buckets: Distribution and IP/innovation to explain how open source communities create startup value. Daniel adds that open source and can reduce procurement friction.

[00:12:23] They touch on open source as a path to standards.

[00:14:50] Matt describes how COSSA supports the startups: education, best practices, and measurement and his goal is to “convert community metrics into dollars.” Daniel notes the need for a baseline framework, then customization by industry.

[00:19:38] What’s next for COSSA? Matt shares COSSA is being bootstrapped, received initial Linux Foundation support, and is pursuing seed style funding. His planned membership structure is investors, founders, and customers.

[00:20:36] Daniel and Matt discuss making the metric framework transparent, likely anchored via CHAOSS, and the goal to building a “Rosetta Stone” between investors and community.

[00:25:49] There’s a conversation on rug pulls, incentives, and lack of a shared framework.

[00:28:21] Matt describes the “covenant” concept.

[00:30:34] Alice wraps with mentioning COSSA’s direction is clear, and a working group could be on the ramp for broader community participation.

Value Adds (Picks) of the week:

• [00:31:20] Alice’s pick is visiting outdoor Christmas light displays after dark.
  
• [00:32:27] Matt’s pick is his oldest son’s finishing his first semester in college.
  
• [00:32:58] Daniel’s pick is his son finishing his first quarter at primary school and going to the Open Compliance Summit and thanking Shane Coughlan for all his work for many years running this event.

Panelist:

Alice Sowerby

Guests:

Matt Trifiro

Daniel Izquierdo

Links:

CHAOSS

CHAOSS Project X

CHAOSScast Podcast

CHAOSS YouTube

podcast@chaoss.community

Alice Sowerby LinkedIn

Matt Trifiro LinkedIn

COSSA

Daniel Izquierdo LinkedIn

Bitergia

Christmas Lights at Stourhead

Rapturous Delight: after-dark Worcester, Worcestershire

The State of Commercial Open Source 2025 (The Linux Foundation)

Special Guest: Matt Trifiro.

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