Open Core Ventures (OCV) is handbook first and public by default. Our handbook is continuously updated to reflect the current status of operations and is subject to change. OCV founders and team members should check the handbook frequently for the most up-to-date information. We document our policies, processes, and points of view in our public handbook so people outside of OCV can benefit from it. Avoid unstructured content when contributing to the handbook.
This is a public handbook. Do not add personal or confidential information. For security reasons, we do not name our internal systems, vendors, or list direct contact details. This document should not be relied on for legal or investment advice.
Open Core Ventures forms new open-core companies around existing open-source software projects. OCV operates differently from traditional investor firms, incubators, and studios. Founders should familiarize themselves with OCV’s business model to ensure alignment before signing an offer letter. OCV does not invest in existing companies.
Founder Resources
Working with OCV
OCV Operating Principles
Founder Onboarding
Launch Day ChecklistGoal SettingOffice HoursVendor Deals for OCV CompaniesAdvisorsBoard of Directors and Board ApprovalCo-FoundershipLegalPublic Handbook & TemplateRaising a Seed
FundraisingCap Table ConcernsNotes to CEOsSecurity
SecurityOCV Support Scope
New Company Launch ProcessFormation StagePre-Seed (First 18-24 Months)Growth Stage (Post-External Funding)Finance
Finance Operations for OCV CompaniesRunway & Operating BudgetHiring
CEO SearchPeople Operations for OCV CompaniesGrowth
Marketing & BrandingSalesProduct
Building the ProductFinding Product Market FitOpen-core pricingOCV Internal Operations
How the OCV firm operates excluding the interaction with the outside world and the portfolio companies. This section defines processes and procedures for the OCV team.