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Why is Oracle worth $260B?

63 pointsby gagejustinsover 3 years ago

11 comments

gagejustinsover 3 years ago
Hello everyone, author here. I wrote this post after wondering why Oracle is such a ubiquitous name, but almost no developers I've worked with have ever used it. After some research and conversations with a former employee, it turns out that the story is really interesting: Oracle was basically the first company to commercialize a RDBMS. And today they have what might be the fastest, most performant database at scale – if you're willing to pay for it.
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samfitzover 3 years ago
We had lots of head to head competes with oracle when I was working at a rival big-tech company in sales. We would schedule a few calls, maybe send a salesperson on-site. Oracle would send 5-6 people across the country for an on-site discovery (seemingly, from an outside perspective) very often. They've always had a ton of resources and aren't afraid to use them, and are the pinnacle of old-school tech sales strategies.
reneeshahover 3 years ago
Which of the newer players are most likely to chip away at Oracle's market share?
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asmyers1793over 3 years ago
Oracle is the definition of a company that remains huge but hasn't done well offering cloud services, but has a stock that's up 153% over the past five years. Databases are sticky!
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lord_sudoover 3 years ago
Woah! I never realized that Oracle was such an aggressive company. I always thought they were just good ol' boring enterprise software business.
greenailover 3 years ago
I wonder what folks think of OCI? Does it have a chance to compete against AWS and M$ ?
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borskiover 3 years ago
As much as I hate Oracle, it is <i>damn</i> fast.
jwithingtonover 3 years ago
Is it because the discounted value of all future cash flows is $260B?
jarenover 3 years ago
Larry da big OG
yuppie_scumover 3 years ago
Oracle sucks.
zlwaterfieldover 3 years ago
Damn