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Sure, but investors in this round would _lose_ almost 20% if MongoDB got bought for $1B. Now, if it was EMC, CRM, Red Hat, and Intel making small investments i
by 3am 13y ago
Sure, but investors in this round would _lose_ almost 20% if MongoDB got bought for $1B. Now, if it was EMC, CRM, Red Hat, and Intel making small investments in order to have some influence of the strategic direction of the company, that would make sense. But Sequoia? They must have a case for this making better than market returns over a multi-year window. I am skeptical, but I guess I'll have to revaluate...