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MongoDB shares jump more than 30% in $192M IPO

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Re: MongoDB shares jump more than 30% in $192M IPO

#241

Post by nopzor »

gxs wrote: post #101
rburhum wrote: post #98

Earlier quoted context omitted.

Most people forget that with startups, what you are trying to create is a business... the technology behind is only one element to it. It is extremely difficult to do good marketing and sales and they did it. Solve a customer problem while building a healthy business... a success story in my book.

Agree - I think there is a perception that if you build an awesome product it sells itself. There is so much work to running a successful business, especially at that scale. Marketing, Sales, Implementation, Support, on top of G&A, and that's not even touching on HR and retaining employees in a competitive market. There is a reason some people are known as the "business" guys, I think expertise in that area is underr…

Have no idea why you're being downvoted. I think your point is salient and under appreciated. Certainly from my own experiences it's easy to get caught up in the product and the tech, and not focus enough on the biz side of things. Ie. Sales and Marketing.

Basically I'm in complete agreement with you, and feel this is a hard learned lesson.

Re: MongoDB shares jump more than 30% in $192M IPO

#242

Post by kureikain »

shubhamjain wrote: post #22

MongoDB isn't usually seen favorably but everyone must admit that it's an unlikely success story that deserves admiration. Think about it. Bringing a database to the market with a completely different paradigm, growing it to the enterprise-production-ready level, and creating a billion-dollar business around is no small deal. Yes, they did ride the NoSQL zeitgeist but they survived when others had no major success. U…

Yes,

Recently I read about Postgres 10 release. Almost all of the features of that are available in MongoDB too.

4 or 5 years ago, MongoDB was bad. But nowsaday the landscape was changed, and I would say MongoDB is quite decent to work with now. It's the easiest database to manage, compare with MySQl, PostgreSQL, ElasticSearch.

Re: MongoDB shares jump more than 30% in $192M IPO

#244

Post by hendzen »

qaq wrote: post #236
bad_user wrote: post #193

Earlier quoted context omitted.

Well, I for one think PostgreSQL is overrated. The number one reason for why people want NoSQL is horizontal scaling and for that PostgreSQL is terrible, with all available solutions being hacks that don't work.

what % of people have workload beyond something that PG on i3.16xlarge can handle?

people who don't want to get woken up if Amazon decides to terminate said i3.16xlarge...

Re: MongoDB shares jump more than 30% in $192M IPO

#245

Post by gordon_freeman »

gremlinsinc wrote: post #2

Is it me..or does Mongo not seem as relevent and 'hip' as it once was... I mean I feel postgres is much more solid, and you can combine some of the aspects of document store via the json data types they added... of course I'm not really a DBA and don't have a lot of Mongo experience ... but personally I feel rdbms make more sense for growth/scaling..

whenever I hear people say such things as "Oh..this app won't work well with RDBMS and it definitely needs a Document style Db.", I recall that facebook from its beginning and still use MySQL (RDBMS) database. This proves that RDBMS is relentlessly scalable and can work with very complex apps.

Re: MongoDB shares jump more than 30% in $192M IPO

#246

Post by danbmil99 »

ach, the interminable hatred of mongodb is an anthropological artifact worthy of study.

It's the only truly working example of a horizontally scalable arbitrary document storage and retrieval system with indexing on any element. It is a much more general tool then an RDBS, and should never be used when an RDBS would do the job.

However, it's really good at collecting searchable, arbitrary schemaless data in real time. The newest versions do what they're supposed to do rather well, it's a tool like any other tool.

That said, the company is guilty of overhyping for sure, and I wouldn't invest in the stock on a rational basis.

Re: MongoDB shares jump more than 30% in $192M IPO

#247

Post by jlarocco »

hendzen wrote: post #244
qaq wrote: post #236

Earlier quoted context omitted.

what % of people have workload beyond something that PG on i3.16xlarge can handle?

people who don't want to get woken up if Amazon decides to terminate said i3.16xlarge...

Missed the point completely...

Re: MongoDB shares jump more than 30% in $192M IPO

#248

Post by baybal2 »

SilasX wrote: post #181
mi100hael wrote: post #128

> "Most applications today run on a database technology that was introduced in the 1970s," Ittycheria said. "In the '70s, I was using a rotary phone to have a phone conversation. So people are looking for a modern, scalable and flexible platform." It's like a weird version of the Turing test where you have to decide whether someone's speaking seriously or in jest when they talk about NoSQL. https://www.youtube.com/wa…

"Most spaceflight trajectories are based on physics that was introduced in the 1680s. In the 1680s, we were using slide rules to multiply numbers."

I wish I can upvote you 10 times

Re: MongoDB shares jump more than 30% in $192M IPO

#249

Post by gerbilly »

rosser wrote: post #209
milkytron wrote: post #175

Earlier quoted context omitted.

Cassandra is a pretty good alternative if you're looking for excellent write speeds and scalability.

We're using Cassandra at scale (~1M concurrent users at peak). It is, in our experience, an absolutely terrible piece of software. The development community doesn't seem to care about fixing bugs, and when they do fix things, they reliably introduce new, often devastating defects. "Move fast and break things" is unforgivable at the persistence layer. We're stuck using an ancient, unsupported version, because it is, p…

>We're stuck using an ancient, unsupported version, because it is, per our empirical testing, the least bad. But we made that choice, and for now we're stuck with it.

Which is this least bad version, if you don't mind my asking?

Re: MongoDB shares jump more than 30% in $192M IPO

#250

Post by qaq »

hendzen wrote: post #244
qaq wrote: post #236

Earlier quoted context omitted.

what % of people have workload beyond something that PG on i3.16xlarge can handle?

people who don't want to get woken up if Amazon decides to terminate said i3.16xlarge...

Not a fan of AWS or cloud in general but accepted that this the direction the world is going for now. The AWS instance type was purely for illustration purposes.
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