{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"The Business of Open Source","title":"Staying True to Your Community and Your Bottom Line with Garima Kapoor","html":"","width":"100%","height":180,"duration":2349,"description":"Garima Kapoor, COO and co-founder of MinIO, joins me to share her journey from investor and advisor to co-founder of MinIO and the wealth of knowledge she’s amassed along the way. \nIn this episode, Garima explains how her experience in finance and belief in the power of open source helped MinIO to break into the data storage market. She also reviews the challenges she faced as a first-time founder and what others can learn from her mistakes and take away from some of their own. Since Garima started her journey with MinIO as CFO, she outlines that role for me and explains how she thinks a CFO should operate in an open source company. In reviewing mistakes she’s seen from other founders, Garima states some principles that create the “foundation for any open source business.”  - “You should always be very honest to your community. You should always be very transparent to the community”\n\nHighlights:\nGarima introduces herself and explains why she and her co-founders started MinIO (1:31)\nGarima describes how the MinIO founders honed in on a problem they wanted to solve (3:55)\nHow the MinIO founders used open source crack the market (6:37)\nWhat triggers a user to purchase a commercial license for the product (10:33)\nGarima explains why she and her cofounders were set on their open source strategy from day one (11:35)\nGarima explores the differences between being an investor and advisor for other companies and starting her own. (13:25)\nGarima shares go-to-market advice for other founders (15:21)\nGarima outlines her strategy for building on small successes (18:38)\nGarima explains why she started as CFO for MinIO and breaks down the role a CFO can play in a new company (21:46)\nWhy Garima thinks a CFO’s role remains the same in an open source company as compared to a proprietary company (27:17)\nHow to avoid competing with your open source product when you also have a commercial offering (34:06)\n\nLinks:\nGarima\nLinkedIn: https://www.linkedin.com/in/garimakap/\nTwitter:...","thumbnail_url":"https://img.transistorcdn.com/8IkNaFmPeP0cacpN72wvWvmuTJkRWMTzK4anhRhTwJg/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS9zaG93/LzEwNTI5LzE2NTY1/MTIwMDAtYXJ0d29y/ay5qcGc.webp","thumbnail_width":300,"thumbnail_height":300}