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MongoDB has filed confidentially for IPO

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Re: MongoDB has filed confidentially for IPO

#81

Earlier quoted context omitted.

>their market just isnt big enough the database market is one of the biggest software markets out there, if not the biggest. >their losing a lot of steam as of late at least according ot google trends, mongodb is more popular than ever. >last effort cash out sort of deal to me they're hiring like crazy and looking to grow a ton in the next year, so I don't think that's the case.

>the database market is one of the biggest software markets out there, if not the biggest They only address a very small subset of the database market.

Passing the Jepsen tests mean they'd say they're addressing the larger part of that market, rather than document stores specifically.

(I still think MongoDB, the company, isn't particularly great for the usual reasons re their past behaviour, I'm just imagining what they'd tell their investors)

Re: MongoDB has filed confidentially for IPO

#82

Earlier quoted context omitted.

Concider what a database does. It provides ACID properties and ability to query data. If all you need is writing data, the fastest you can do it write it directly to the disk, without the overhead a database comes with. Using a loadbalancer in front of a farm of cheap logging machines, and aggreate the data you need for analysis to a suitable machine.

they'd still need to query their stuff, I guess, so you'd need to trow in there somewhere something to aggregate logs and get the metrics they're tracking out of it - which can totally be done in streaming, without the need of going trough the logs every time, for most metrics.

Query? Most likely not. At least not in the traditional "lets on the fly create a dashboard" sense.

Re: MongoDB has filed confidentially for IPO

#83
post #82

Earlier quoted context omitted.

they'd still need to query their stuff, I guess, so you'd need to trow in there somewhere something to aggregate logs and get the metrics they're tracking out of it - which can totally be done in streaming, without the need of going trough the logs every time, for most metrics.

Query? Most likely not. At least not in the traditional "lets on the fly create a dashboard" sense.

query as in 'how much I bill this guy for it's click' - doesn't have to be sql nor on the fly of course

Re: MongoDB has filed confidentially for IPO

#84
post #71

Earlier quoted context omitted.

Was $30k a lot of money for one of the largest add publishers?

OTOH, if you're a consultant, and you can say 'hey guys I can save you 30k, my fee is only 15k', and you can do it in a week - I mean, there are weeks where I bill less than 15k...

3k a day consulting. I'm in!

Re: MongoDB has filed confidentially for IPO

#85
post #46

Earlier quoted context omitted.

A production large scale ad. system system that was doing 1.2 TB per hour in writes, was migrated over from MySQL to MongoDB in roughly 24 hour window cool story Bro.

If more comments were like their story then this would be a way higher value comments section.

how can more made up stories result in higher value comments section?

Re: MongoDB has filed confidentially for IPO

#86

Earlier quoted context omitted.

Agreed; though the way they did their marketing early on the message they conveyed was that document databases were here to replace RDBMSs. It was extremely dishonest.

To be fair to them, it wasn't just them, it was everyone.

To be more fair to them, it was just them and the "everyone" you're referring to was a result of a fantastic blatant + guerilla marketing campaign. Or maybe I should say a MEAN success? :)

Re: MongoDB has filed confidentially for IPO

#88

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 ga…

Reliability and implementation ideas aside, MongoDB popularized document stores and document stores can sometimes be a good thing (even if there's usually little to no reason to prefer them to plain SQL databases for most applications). So they deserve credit there.

That's only because you forgot about Lotus Notes. Perhaps they will have similar fates.

Re: MongoDB has filed confidentially for IPO

#89

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 ga…

Reliability and implementation ideas aside, MongoDB popularized document stores and document stores can sometimes be a good thing (even if there's usually little to no reason to prefer them to plain SQL databases for most applications). So they deserve credit there.

I thought filsystems popularised document stores ;-)

Re: MongoDB has filed confidentially for IPO

#90
post #29
post #22

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. 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 wer…

It's worse than that, cloudera went public at a valuation below the price set during their last round of fundraising. Also, people are bullish on tech companies that are consumer tech related or are in the enterprise space serving industries not relating to tech directly. P/E ratios for companies like oracle, ibm and cisco aren't that high.

Not true. Oracle's P/E is 22, Apple's is 18, MSFT's is 27. Oracle is doing just fine.
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