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I don't know. Databases are a hard business (see Riak, FoundationDB). Costs money to add features and fix bugs (and really hard to find qualified folks that can
by throwaway5752 9y ago
I don't know. Databases are a hard business (see Riak, FoundationDB). Costs money to add features and fix bugs (and really hard to find qualified folks that can do that) as well as hosting costs if you offer a service. We'll see what happens with some other entrants. I would read http://www.defmacro.org/2017/01/18/why-rethinkdb-failed.html http://www.defmacro.org/2017/01/18/why-rethinkdb-failed.html regarding DBaaS, too.
- nodesocket 9y agoI've read it. Completely agree about RethinkDB specifically, who raised VC capital on the order of $12M. A cloud hosted solution is a very tough business, with thin margins when you have dozens of employees, $15-$25k a month bay area rent, and very high overhead. The numbers don't add up and not the return investors are looking for. Though, if you're bootstrapping with your own capital and grow it to something like $10K or $20K a month in MRR, that's a win. I'm all about bootstrapping SaaS companies and growing recurring revenue.