4 ms·

>their market just isnt big enough the database market is one of the biggest software markets out there, if not the biggest. >their losing a lot of steam as o

>their market just isnt big enough the database market is one of the biggest software markets out there, if not the biggest. >their losing a lot of steam as of late at least according ot google trends, mongodb is more popular than ever. >last effort cash out sort of deal to me they're hiring like crazy and looking to grow a ton in the next year, so I don't think that's the case.

shin_lao 9y ago
>the database market is one of the biggest software markets out there, if not the biggest They only address a very small subset of the database market.
- nailer 9y ago
  Passing the Jepsen tests mean they'd say they're addressing the larger part of that market, rather than document stores specifically. (I still think MongoDB, the company, isn't particularly great for the usual reasons re their past behaviour, I'm just imagining what they'd tell their investors)
0xADEADBEE 9y ago
Did you consider that perhaps projection of growth is exactly what you'd do in the event of an IPO? Or that Google trends isn't a sensible heuristic for a valuation? I've down-voted you not because I disagree fundamentally (although I don't rate MongoDB) but because you are dismantling an argument badly. I hope that isn't too rude.
- patrickfreed 9y ago
  it is exactly what you'd do in the event of an IPO. I just don't understand how investing tons of money in human capital could be considered a "cash out" as the person I was replying to put it. If anything, it's the opposite.
dx034 9y ago
Google Trends indicates how many new projects look for a database. Database companies typically make money with existing projects (subscription fees or occasionally new versions). I agree that MongoDB is considered for many new projects but they will have very low market share for existing enterprise projects (which is where the money is).

4 ms·

>their market just isnt big enough the database market is one of the biggest software markets out there, if not the biggest. >their losing a lot of steam as o

by patrickfreed 9y ago

shin_lao 9y ago
>the database market is one of the biggest software markets out there, if not the biggest They only address a very small subset of the database market.
- nailer 9y ago
  Passing the Jepsen tests mean they'd say they're addressing the larger part of that market, rather than document stores specifically. (I still think MongoDB, the company, isn't particularly great for the usual reasons re their past behaviour, I'm just imagining what they'd tell their investors)
0xADEADBEE 9y ago
Did you consider that perhaps projection of growth is exactly what you'd do in the event of an IPO? Or that Google trends isn't a sensible heuristic for a valuation? I've down-voted you not because I disagree fundamentally (although I don't rate MongoDB) but because you are dismantling an argument badly. I hope that isn't too rude.
- patrickfreed 9y ago
  it is exactly what you'd do in the event of an IPO. I just don't understand how investing tons of money in human capital could be considered a "cash out" as the person I was replying to put it. If anything, it's the opposite.
dx034 9y ago
Google Trends indicates how many new projects look for a database. Database companies typically make money with existing projects (subscription fees or occasionally new versions). I agree that MongoDB is considered for many new projects but they will have very low market share for existing enterprise projects (which is where the money is).