New ask Hacker News story: Ask HN: Is open sourcing my personal SaaS project a bad idea?

Ask HN: Is open sourcing my personal SaaS project a bad idea?
2 by frabjoused | 4 comments on Hacker News.
I'm working on a SAAS project that I'll be releasing soon. It's a free service model with optional premium subscriptions. I'm thinking about open sourcing the whole thing, including the front end UI, API server and database schema. I would like to make this OSS if I can, however I'm concerned releasing the schema / server side could open the door to exploits, and I'm not sure someone wouldn't fork my product and put up a competitive clone. I'd like to get others' thoughts on this.