4 ms·

I love clickhouse and a lot of the team members, but some of the "ClickHouse, Inc." people seem very counter to the original mission of CH, which has been unfor

I love clickhouse and a lot of the team members, but some of the "ClickHouse, Inc." people seem very counter to the original mission of CH, which has been unfortunately been reflected in some negative ways to both the overall OLAP ecosystem, and clickhouse itself. I've shared many of those thoughts with their team directly out of love. Also that's Series D-E, money isn't real anymore

jasonjmcghee 1y ago
Depends on trajectory and capital need among other things. There are series B this size.
Octoth0rpe 1y ago
> Also that's Series D-E, money isn't real anymore Could you explain this? Is this commentary on voting power dilution or their class a/b share rules?
- ko_pivot 1y ago
  I’m guessing what they mean is that the valuation is so inflated at this point that the high dollar amount more reflects the likelihood of acquisition or IPO in the near term rather than some sort of substantive demonstration of confidence in the company and its founders.
- mooreds 1y ago
  Not OP, but I took it to mean that the round was absurdly large. The norms/expectations around size of rounds are not what they once were. I had the same thought the first time I heard about a 12M "seed" round.
PeterZaitsev 1y ago
What differences from original mission do you see ?
nasretdinov 1y ago
I personally see ClickHouse still improving in terms of overall usability and becoming much more polished, introducing features like full-text indexing, JSON data type, etc, all open-source and completely free. The commercial offering deviates from the "bare-bones", "build-it-yourself" storage, but, again, in my opinion it makes perfect sense to commercialise this part of it, to allow the product overall to continue to evolve and be successful. Otherwise ClickHouse as an open-source database probably wouldn't be able to evolve so quickly since the needs of Yandex don't always align with the needs of other users of the database
deleted 1y ago
[deleted]

jasonjmcghee 1y ago

Depends on trajectory and capital need among other things. There are series B this size.

Octoth0rpe 1y ago

> Also that's Series D-E, money isn't real anymore Could you explain this? Is this commentary on voting power dilution or their class a/b share rules?

ko_pivot 1y ago
I’m guessing what they mean is that the valuation is so inflated at this point that the high dollar amount more reflects the likelihood of acquisition or IPO in the near term rather than some sort of substantive demonstration of confidence in the company and its founders.
mooreds 1y ago
Not OP, but I took it to mean that the round was absurdly large. The norms/expectations around size of rounds are not what they once were. I had the same thought the first time I heard about a 12M "seed" round.

PeterZaitsev 1y ago

What differences from original mission do you see ?

nasretdinov 1y ago

I personally see ClickHouse still improving in terms of overall usability and becoming much more polished, introducing features like full-text indexing, JSON data type, etc, all open-source and completely free. The commercial offering deviates from the "bare-bones", "build-it-yourself" storage, but, again, in my opinion it makes perfect sense to commercialise this part of it, to allow the product overall to continue to evolve and be successful. Otherwise ClickHouse as an open-source database probably wouldn't be able to evolve so quickly since the needs of Yandex don't always align with the needs of other users of the database

deleted 1y ago

[deleted]