When I told friends I was starting a company that was building an open source commerce platform, they asked me how I would make money giving away software for free. Then, when we were fundraising, a Venture Capitalist said, “In my mind, open source equals free, so you really have…
3 posts tagged
platforms
This is Interesting (Year Two Startup Thoughts)
It’s now been two years since I co-founded Reaction Commerce and, it’s true, time flies. For those following along, the first year as a startup was hard (but rewarding). It was awkward finding our voice, and challenging to temper our big vision with the early-stage nature of our…
Part 1: Ecommerce is Heading Toward a Major Upheaval (and Reaction Commerce is Ready to Fill the Void)
According to eMarketer’s forecast, global ecommerce sales will increase by over 20% this year to reach $1.5T. In today’s retail market, there’s a massive shift toward ecommerce. And it means that retailers have an opportunity to grow their business, elevate their brand awareness and even reach…