Brought to you by NumFOCUS Foundation and O’Reilly Media
The official Jupyter Conference
Aug 21-22, 2018: Training
Aug 22-24, 2018: Tutorials & Conference
New York, NY

Open source software and the allocation of capital

Matt Greenwood (Two Sigma Investments)
1:50pm–2:30pm Thursday, August 23, 2018
Community, JupyterCon Business Summit
Location: Concourse A: Business Summit Level: Non-technical
Average rating: *****
(5.00, 1 rating)

Who is this presentation for?

  • Engineers, evangelists, and anyone who works at a company who is actively contributing to OSS or considering doing so

What you'll learn

  • Learn why companies should make a commitment to the open source ecosystem


As the world grows more dependent on a shared open source software ecosystem, we all must consider who shares the responsibility of keeping that infrastructure healthy. In his 15 years at data science and technology company Two Sigma, as well as his service on the board of TS Ventures, Matt Greenwood has had to think deeply about how to most efficiently allocate capital to open source software (OSS) to best support the companies’ various lines of business. Matt shares four ways of engaging with open source—funding OSS startups, paying for OSS contractors through trusted consulting companies, hiring OSS engineers in-house, and building a consortium with committed stakeholders—covering the costs and benefits along with examples of Two Sigma’s experience with each. Matt focuses on the fourth point, highlighting how partnerships with real teeth, like his work with the nonprofit NumFOCUS, have been the most effective in terms of continuity, risk mitigation, and scalability.

Photo of Matt Greenwood

Matt Greenwood

Two Sigma Investments

Matt Greenwood is chief inspiration officer at Two Sigma, where he has led a number of company-wide efforts in engineering and modeling. Matt began his career at Bell Labs, working in the Operating Systems Group under Dennis Ritchie, before moving to IBM Research, where he was responsible for a number of early efforts in tablet computing and distributed computing. Matt also served as lead developer and manager for a number of systems on the network element at Entrisphere, which created a product providing access equipment for broadband service providers, and created the Customer Engineering Department in preparation for initial customer trials. Matt holds a BA and an MA in math from Oxford University, a master’s degree in theoretical physics from the Weizmann Institute of Science in Israel, and a PhD in mathematics from Columbia University, where he taught for a number of years.