4 ms·
They're apparently still growing quite rapidly, though the company is not yet profitable.
by WJW 3y ago
They're apparently still growing quite rapidly, though the company is not yet profitable.
- superduperer 3y ago[flagged]
- lolinder 3y agoWhy come ask a question if you apparently have inside information that contradicts the answers you get?
- superduperer 3y agoMy “inside information” is just basic knowledge of the software industry. If MongoDB is growing is like claiming Morbius is a good movie. It’s just silly. Go ahead disagree with be, but it’s kinda silly.
- insanitybit 3y agoFeel free to contact the SEC.
- WJW 3y agoThey state these things in their quarterly filings with the SEC, in which to my knowledge it is not legal to knowingly misrepresent facts. If you have actual proof that MongoDBs auditors are lying to the SEC, you can probably get a pretty good whistleblower reward or at the very least make a ton of money selling this money to hedge funds specializing in shorting failing companies.
- superduperer 3y agoThe SEC listings don’t contain real numbers about who is using the software. They can claim a bsbillion people use it as long as they can launder investor money into fake usage (like substack does) These numbers support my claim. If they had REALLY been growing they’d be a huge company right now, not having to pay people to use there products
- rubege 3y agoThey do contain their customer count - quick google search says it’s over 46,000 now which was surprising to me.
- bushbaba 3y agoThey are growing revenue which can be possible without growing adoption
- chrisco255 3y agoJust because you don't like something or it isn't favored in the HN diaspora does not mean it is an unsuccessful product. There is a great big world outside of your bubble.