The Twenty Minute VC (20VC) · Saturday, July 25, 2026
Osvald Nitzky, CPO at McCord, stated that open source model improvements do not cannibalize their core business. He explained that data is most valuable at the frontier of model performance, and open models simply raise the baseline of what customers are interested in, allowing McCord to continue growing by serving new capabilities.
“I wouldn't say that open source model improvements cannibalize our core business because data is most valuable on the frontier of model performance.”
“So, each of our customers has their own unique goals and is purchasing eval and training data sets to fill gaps in current model capabilities.”
“Open models just raise the floor of what people are interested in. As long as customers still have new capabilities that they want to get better at, our business still continues to grow.”