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How many database companies are out there that made it big? How many are based on FOSS? It seems like the lesson of “you can’t make money in a FOSS database (or
by IgorPartola 5y ago
How many database companies are out there that made it big? How many are based on FOSS? It seems like the lesson of “you can’t make money in a FOSS database (or file system)” keeps being learned and relearned the hard way.
- volsa_ 5y agoMongoDB would be one that comes to mind which is public traded (https://finance.yahoo.com/quote/MDB/ https://finance.yahoo.com/quote/MDB/)
- avrionov 5y agoThe market will be challenging because the big cloud players offer their version, but recently there were a few successful database companies: - MongoDB - Snowflake - Databricks These 3 are probably the biggest, but there are few others which are promising: Cockroach Labs, Materialize, PlanetScale, Yugabyte.
- ashvardanian 5y agothey are doing OK, but much worse than the private Snowflake, in terms of multiples and growth rate. FOSS is too easy to replicate, so Mongo is most likely earning a lot less than AWS and other cloud vendors from their forks of Mongo.
- jerrybender 5y agoSnowflake is publicly traded
- ashvardanian 5y agoby private I meant closed-source
- skinnymuch 5y agoNo one mentioned CouchBase (ticker BASE) going public in July. It’s worth $1B right now.