3 ms·

I think $250M is fairly low. Must be a good deal for snowflake.

• open592 1y ago
  With Neon going to Databricks, the pool of potential buyers dramatically shrank.
  • jauntywundrkind 1y ago
    That's such a wild way to view this. I see this the opposite way: the pool of incredibly awesome fantastic postgres technology companies who are uniquely top of the game was down to very very very few. The musical chairs here is who can get such long proven incredible fantastic well knowing talent. Who can snarf it up & convince these incredible doers to fold into the amorphous indistinct corporate giant.
• achristmascarl 1y ago
  I wonder what accounts for the gap between this and Neon's $1B price tag. Is the deal structured less favorably for Neon? Does Neon have significantly more revenue? Seems like Neon raised a lot more venture funding, too.
  • debarshri 1y ago
    Value is an intriguing concept. They may not have the revenue to justify their value or maybe they have. The price tag could be the result of an amazing negotiation or could be genuine forward-looking features they had. You will never know.
• politelemon 1y ago
  They'll earn that much back from anyone doing just a few gigs of data egress transfers.