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How did Hashi corp make money (and an eventual billion dollar plus IPO!) developing open source tools like vagrant, consul and terraform...

Clearly the creator of ruff is going to expand from an open source tool into a company focusing on Python tooling and developer experience, services, etc. There is a market for stuff like that just based on pycharm and jet brains' success in the space alone.

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HashiCorp made a $270 million loss last year, more than 50% of their revenue.

A lot of the money comes from Vault which is open source but only used by larger organizations that want support.

Vault namespacing also requires an enterprise license, so yeah if you're doing anything useful with Vault at scale, you're paying for it.

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