In my advisory job founders always raise the question about open sourcing within the first hour of meeting me. They think that open sourcing product means transparency and developer trust which helps with early adoption. Every single founder I talked to brings up open source as a market penetration method to drive the initial adoption.

I always say to just stop with the virtue signaling led sales technique.

I despise the "we are like the market leader of our niche but open source" angle. Developer as a buyer and as a community these days in my opinion do not care about open source anymore. There is no long term value to that. The moment a product gets traction the open source elements is a constant mild headache as open source product means that they have no intellectual copyright on the core aspect of the product and it is hard to raise money or sell the company. And whenever a product gets traction they will take any excuse to make it close source again. With an open source product they are just coasting on brand. Regardless of what your personal opinion is, this has been largely true for most for-profit business.

Open source is largely is nothing more then a branding concept for a company who is backed by investors.