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FOSS 4 Startups
Kailash Nadh
OpenSource4Startups, IIM, 2020
Zerodha
●
India’s largest stock broker.
●
~15% of daily retail trading volume in India.
●
1200 employees.
●
2+ million clients.
●
$0 in external funding. $0 on marketing.
Zerodha: FOSS
●
Zerodha’s stack is built with FOSS.
●
Use FOSS. Generate FOSS.
●
FOSS-first policy from day 0.
●
Not just user facing products, but many backend systems: HR,
accounting, finance, business workflows, analytics, a thousand
desktops …
Zerodha: Scale
●
~100K requests / second.
●
~6 million market quotes / second.
●
10s of billions of rows of financial data.
●
$3 billion in daily trading turnover.
●
30 member tech team.
How? Why?
●
Developer-first approach.
●
Engineering decisions go hand in hand with business decisions.
●
Freedom. Avoid lock-ins.
●
Flexibility and agility (regulatory and business).
●
Don’t built moat on cores you can’t own.
●
Cost.
Cost, if nothing else
●
~1000 Ubuntu desktops.
●
People systems: HR, accounting, finance (#ERPNext) ... support
ticketing, VPN, CRM …
●
Stack: Frameworks, databases, servers, proxies, devops, infra,
monitoring …
Don’t underestimate
impact on profitability.
Don’t underestimate
propreitary lockins.
Everything is a trade-off
●
Every choice and decision is a trade-off.
●
Picking a piece of technology: cost, capability, quality, efficiency,
freedom, time-to-market, future inertia, and technical debt.
●
Adoption of any technology has long term consequences.
Everything is a trade-off
●
FOSS checks many of those boxes.
●
Dev + tech first approach in tech startups: Better technical
decision making.
Time-to-market is not
everything.
It is a trade-off.
Every business needs a
backoffice, an ERP.
Check out ERPNext.
Thank you

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Open Source For Startup

  • 1. FOSS 4 Startups Kailash Nadh OpenSource4Startups, IIM, 2020
  • 2. Zerodha ● India’s largest stock broker. ● ~15% of daily retail trading volume in India. ● 1200 employees. ● 2+ million clients. ● $0 in external funding. $0 on marketing.
  • 3. Zerodha: FOSS ● Zerodha’s stack is built with FOSS. ● Use FOSS. Generate FOSS. ● FOSS-first policy from day 0. ● Not just user facing products, but many backend systems: HR, accounting, finance, business workflows, analytics, a thousand desktops …
  • 4. Zerodha: Scale ● ~100K requests / second. ● ~6 million market quotes / second. ● 10s of billions of rows of financial data. ● $3 billion in daily trading turnover. ● 30 member tech team.
  • 5. How? Why? ● Developer-first approach. ● Engineering decisions go hand in hand with business decisions. ● Freedom. Avoid lock-ins. ● Flexibility and agility (regulatory and business). ● Don’t built moat on cores you can’t own. ● Cost.
  • 6. Cost, if nothing else ● ~1000 Ubuntu desktops. ● People systems: HR, accounting, finance (#ERPNext) ... support ticketing, VPN, CRM … ● Stack: Frameworks, databases, servers, proxies, devops, infra, monitoring …
  • 7. Don’t underestimate impact on profitability. Don’t underestimate propreitary lockins.
  • 8. Everything is a trade-off ● Every choice and decision is a trade-off. ● Picking a piece of technology: cost, capability, quality, efficiency, freedom, time-to-market, future inertia, and technical debt. ● Adoption of any technology has long term consequences.
  • 9. Everything is a trade-off ● FOSS checks many of those boxes. ● Dev + tech first approach in tech startups: Better technical decision making.
  • 11. Every business needs a backoffice, an ERP. Check out ERPNext.