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Wow, $1B. I've been bullish on neon for a while -- the idea hits exactly the right spot, IMO, and their execution looks good in my limited experience. But I m
by jmull 1y ago
Wow, $1B.
I've been bullish on neon for a while -- the idea hits exactly the right spot, IMO, and their execution looks good in my limited experience.
But I mean that from a technical perspective. I never have any real idea about the business -- do they have an edge that makes people want to start paying them money and keep paying them money? Heck if I know.
I guess that's going to be Databricks problem now (maybe).
- xyst 1y agoActual revenue is irrelevant. This is a business decision to corner the market.
- blitzar 1y agoNo, no no no, no revenue. Why would you go after revenue? Pre-revenue pure play. https://www.youtube.com/watch?v=BzAdXyPYKQo https://www.youtube.com/watch?v=BzAdXyPYKQo
- brap 1y agoI'm sorry but what is "the idea"? Managed postgres? It seems like execution >>> idea in this case
- jmull 1y agoMore specifically, the idea is "serverless" posgres. But as I mentioned, I mean from a tech standpoint... If you're interested, they've posted various things about how the tech works. > It seems like execution >>> idea in this case I don't know what >>> means here, so possibly I complete agree or perhaps completely disagree.
- __s 1y ago>>> means "way better than"
- jordan1212k 1y agoExecution is more valuable than any individual technology. And the moats of the largest companies are only in part technical.
- joshstrange 1y agoNeon goes further than just "managed postgres". I would say one of their big features is just how fast and easy you can spin up new db/clusters. It's completely possible (encouraged) to spin up 1 DB per tennant and potentially spin u and tear down 1000's of databases. It opens up some interesting ideas/concepts when creating an isolated DB is just as easy as creating a new db table.