Flyway: From Open Source Side Project to Multimillion Exit – Axel Fontaine
Description
Axel Fontaine, creator of Flyway, one of the most popular database migration tools, joins Marco to share how he built a global open source project, turned it into a profitable business, and sold it to Redgate. From bootstrapping alone to making millions without investors, Axel’s story is a deep dive into the business side of coding.
💡 Topics in this episode:
How Flyway grew from a side project to an acquisition
The power of simplicity and zero dependencies
Turning open source into a sustainable business
Bootstrapping vs venture capital
Life after selling your company
⏱️ Timestamps:
(00:00 ) Intro
(00:54 ) Guest introduction
(01:18 ) What is Flyway?
(02:16 ) Evolution of databases and CI/CD
(07:37 ) The idea and first version of Flyway
(10:41 ) Competitors and why Axel built his own tool
(13:27 ) Building Flyway’s simplicity and focus
(17:30 ) Design principles: zero dependencies and reliability
(20:18 ) Learning user focus through onboarding docs
(23:31 ) How Flyway’s roadmap evolved
(27:00 ) Handling bugs, testing challenges, and quality
(31:27 ) Marketing and early promotion
(33:49 ) The Maven Release Plugin blog post
(36:07 ) Technical mistakes and lessons learned
(38:28 ) Managing contributors and open-source community
(44:44 ) Burnout and balancing workload
(50:43 ) Turning Flyway into a business
(52:20 ) Failed monetization attempts
(01:09:11 ) Licensing, IP cleanup, and CLA process
(01:30:02 ) First commercial release and first sale
(01:31:56 ) Rapid revenue growth
(01:39:07 ) Leaving consulting and going full-time on Flyway
(01:44:30 ) Negotiating with enterprise customers
(01:46:55 ) Acquisition interest and decision process
(01:52:46 ) Decision to sell
(02:04:57 ) Life after the sale and reflection
(02:07:38 ) Key lessons for founders
(02:09:50 ) Giveaway
(02:10:47 ) Rapid-fire questions
(02:13:18 ) Outro
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📺 Watch the episodes on YouTube: https://youtu.be/lwF2fg1fOHk









