 Hi, I'm Chad. I'm from the internet aka Pittsburgh This is my first time in Raleigh or as I like to call it Red Hatville You know coming here to Raleigh driving in from the airport and Seeing Shadow Man peak from behind the other buildings was kind of like Seeing that Kid that you grew up with and is now a rock star You know you're like oh my gosh because I've been an open source a while right? So it's like we have we have our logos on the tops of buildings now I thought that was something that that real companies did but we are we're there we've arrived so I want to take a little bit of time to kind of celebrate how far we've come and then Second part we'll be talking a little bit about some of the problems that Still remain an open source and then in the third and final part talk about My company Gratipay, which is working on solving some of these problems So in 1998 Christine Peterson coined the term open source Later that year Microsoft freaked out. They said open source poses a long-term developer Mindshare threat to Microsoft. I Think they were right But here we are in 2016 and Microsoft's killing it right this picture on the right is Red Hat CEO with Microsoft's Corporate vice president of enterprise open source right 2016 we've come a long way in 18 years and So obviously there are companies like red hat that have figured out how to make open source sustainable But there are still big parts of the open source ecosystem that are not sustainable We still have what's called a free rider problem with us. So the free rider problem is So many of us use this software and we assume that somebody else is paying for it somehow But oftentimes that's not the case and if you remember heart bleed a couple years ago This sort of uncovered a really extreme example of this phenomenon Open SSL was basically supported by one developer who you know was working for well under you know normal salary and Over half of the worldwide web was dependent on this one developer right who was not really being compensated Properly for his work. So that's that's an example of the free rider problem The Ford Foundation put out a report This past year Nadia Eggball wrote this report called roads and bridges It's 150 pages long and it's all about this problem of the free rider problem in open source And she calls it digital infrastructure So open source has come a long way, but we still have this free rider problem with us So four years ago. I started a company called grad a pay Grad a pay is a startup that's working on this free rider problem We're trying to help companies pay for open source software Because really the end of the day. It's as simple as that somebody needs to pay for it Companies have the money. They're getting tremendous value to the software Some of them are giving I mean a lot of them are giving back in lots of ways, right? We've you know, this isn't this isn't you know a binary either or a thing. This is okay We've come a long way. Let's keep making progress So grad a pay is one of several startups working on this other ones You should know about our competitors Liebera pay Liebera pay is actually a fork of grad a pay There's also bounty source. There's also open collective is a newer one You know, so there's this handful of us that are working on this problem head on How do we help companies fund? open-source software and pay into open-source software and The four of us right now are pretty parallel in what we offer So it really comes from kind of a consumer crowdfunding model, right? We're an open-source project can come sign up on one of the platforms and then companies can come sign up and give on those platforms And that's kind of where we're all we're all kind of in that rut right now And we need to get beyond that so what we're working on a grad a pay is Trying to aggregate so that you know if I'm a developer I have a hundred packages up on npm. You know, I don't you know I want to You know, I want to sign up for all those packages it wants to receive money if I'm a but more importantly if I'm a company I don't use you know one two three open-source packages You know, I've got a thousand different open-source packages in my technology Stack in my inventory, you know, I want to be able to fund all those at once So you can see how there's a little bit of like a B2B difference there So grad a pay itself is open-source We're funded on our own platform and we would love to have you help us work on solving this problem. Thank you