Sequoia Capital Unveils Expanded Support for Open Source Developers
In a pivotal move set to bolster the open-source software (OSS) sector, Sequoia Capital has announced a significant expansion of its Sequoia Open Source Fellowship. This program, which initially launched last year on an invite-only basis, is designed to address the critical issue of underfunding that plagues many open-source initiatives. By offering an equity-free stipend, Sequoia aims to empower developers to dedicate themselves fully to their projects, potentially revolutionizing the software landscape.
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