alt Hacker News> I’m not sure how much people think open source companies are worth, but the path to VC-scale profitability is incredibly rare.
MotherDuck, a semi-competitor of theirs has raised $100mil in funding. DuckLabs has reportedly taken no external funding (so all ownership is with the founders) and was profitable with 30+ employees.
On the sidelines, other companies behind beloved open source products, like Astral, Astro, Bun are getting bought left and right.
With that as a backdrop, I think they should have been able to get quite a good payout.
DuckLabs is the company that does consulting and DuckDB development, the DuckDB foundation actually owns DuckDB the project.
The DuckDB foundation owns some equity in MotherDuck, which is a data lakehouse platform based on DuckDB, and all three have been moving closely together in making DuckDB better locally as well as in the role of a query engine that really threatens a lot of amazon's role in data lakehouses. DuckDB in the hands of a good team means that you can use AWS almost only for storage, instead of using any of the managed services.