They've made their share of mistakes, but they've stuck it out and have definitely improved their product over the years. I wish them all the best for their IPO. What would be really good to see As a measure of their business health is an indication of how their cloud business is doing with respect to their enterprise sales business. A healthy cloud business would signal less volatility in the face of high revenue garnered from fickle enterprise sales relationships that have been their bread and butter until the past couple years.
It looks like the NoSQL movement was just a fad and plenty of startups got burned by it and some still stuck with this tech , writing inefficient workarounds for something that comes OTB with the regular SQL databases.
Both Hortonworks & Cloudera are the most similar recent IPOs. Hortonworks is below the offering price, Cloudera has been basically flat. And this is in the context of an insane bull market for tech stocks and the market in general.<p>So we will see how this turns out. It's been a couple years since they last raised funding so its possible they didn't really have another choice. Chances are if the numbers on the S-1 were truly great they wouldn't have done it confidentially.
A side note: MongoDB now dominates the famous framework benchmark in the read benchmarks.<p><a href="https://www.techempower.com/benchmarks/" rel="nofollow">https://www.techempower.com/benchmarks/</a>
think it is a bad fit and a bad time for an IPO, their market just isnt big enough and their losing a lot of steam as of late.<p>most importantly in terms of numbers, there is nothing going for them. they arent exactly redhat level in terms of support, nor rackspace level for subscriptions, and nor snapchat level in terms of market reach.
this looks like some last effort cash out sort of deal to me. weird to say that its somewhat of a sad outcome for an once promising opensource company.
Congrats. I wish them all the best.<p>I know MomgoDB is not very favored in HN but if there is one thing Mongo taught us, is that a nice and simple API to access your data makes a world of difference.
Really? I thought the MongoDB fad had gone away, that common sense returned, and people either used proper document stores, or proper relational databases, or graph databases.
Wow interesting. Anybody have their S-1 filing? Interested to see how their hosted/managed offering Atlas[1] is doing vs support contracts.<p>[1] <a href="https://www.mongodb.com/cloud/atlas" rel="nofollow">https://www.mongodb.com/cloud/atlas</a>