The Open Core Business Model, articulated by Nick Schrock and the Elementl team, aims to make Dagster, an open-source project, a ubiquitous standard while generating revenue through its hosted SaaS platform, Dagster Cloud. The model emphasizes three types of complexity: application complexity (work done to structure code), operational complexity (how that code runs), and enterprise complexity (embedding data platforms in larger organizations). Dagster will maintain its core framework as open-source, with proprietary features and capabilities addressing the latter two complexities. The company's goal is to make Dagster accessible to everyone, drive adoption of the technology, and maximize revenue through a fair, sustainable pricing model.