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Announcement regarding possible offer

investors.mariadb.com

31–40 of 79 posts

Re: Announcement regarding possible offer

#31
post #4

What even is mariadb's business model?

They sell support to anyone with a MariaDB database that needs it. Many customers. Pretty cheap. Source: Used to work there.

The original way of making money with FOSS that folks like Hashicorp and InfluxData fail to understand while they push for unicorn status.

Re: Announcement regarding possible offer

#32
post #20

Earlier quoted context omitted.

what are those?

Atomic DDL (possible because of a complete rewrite of the underlying storage format), proper Unicode by default (did you know that utf8 in MySQL is not really utf8? hit up your favorite search engine for utf8mb3 vs utf8mb4), strict typing by default, plus a horde of new features many MySQL users have been waiting like CTEs and window functions. I too am a fan of what Oracle did for MySQL. There haven't been any major…

> There haven't been any major releases since 2018, though. Since their development process is closed, I am wondering when/if are we going to see MySQL 9 (if it's anything like 8, it's going to be huge).

MySQL since 8.0 is on a "rolling release" model, where features were shipped as part of 8.0 once they were finished instead of waiting for a 9.0 release. Thus 8.0 got quite a few improvements since 8.0.0.

Recently they announced a new model where they split LTS style versions and increase version number, again, but features still appear as they are done and not for a big release: https://blogs.oracle.com/mysql/post/introducing-mysql-innova...

Re: Announcement regarding possible offer

#33
post #18
post #6

Earlier quoted context omitted.

The big difference here is that Runa Capital is a venture capital firm, and they already invested in MariaDB 8 years ago. To be honest I don't really understand how this acquisition makes sense in that context.

It's trading at a market cap of around $31 million, which is below even its revenue. Could make sense to buy it, improve operating metrics, and then flip it. (Or buy it, make it profitable, and earn a return that way.)

I'm surprised the employees aren't making a buy out offer at this point. I'd love to own a reasonable fraction of the company I work for at that sort of price and would happily throw in some of my savings.

Re: Announcement regarding possible offer

#35
post #21

Earlier quoted context omitted.

well, does monty have a third child? if not, there probably won't be a fork

He does (My, Maria and Max) but the name is already used for a database: https://en.wikipedia.org/wiki/MaxDB

MaxSQL it is

Re: Announcement regarding possible offer

#36
post #20

Earlier quoted context omitted.

what are those?

Atomic DDL (possible because of a complete rewrite of the underlying storage format), proper Unicode by default (did you know that utf8 in MySQL is not really utf8? hit up your favorite search engine for utf8mb3 vs utf8mb4), strict typing by default, plus a horde of new features many MySQL users have been waiting like CTEs and window functions. I too am a fan of what Oracle did for MySQL. There haven't been any major…

Just to add to the explanation in the sibling comment, MySQL 8.1 was released in July.

Re: Announcement regarding possible offer

#37

Earlier quoted context omitted.

They sell support to anyone with a MariaDB database that needs it. Many customers. Pretty cheap. Source: Used to work there.

The original way of making money with FOSS that folks like Hashicorp and InfluxData fail to understand while they push for unicorn status.

Except that model doesn't work for all software use cases, specially desktop software.

Re: Announcement regarding possible offer

#38
post #20

Earlier quoted context omitted.

what are those?

Atomic DDL (possible because of a complete rewrite of the underlying storage format), proper Unicode by default (did you know that utf8 in MySQL is not really utf8? hit up your favorite search engine for utf8mb3 vs utf8mb4), strict typing by default, plus a horde of new features many MySQL users have been waiting like CTEs and window functions. I too am a fan of what Oracle did for MySQL. There haven't been any major…

didn't later versions of mysql 5 also have utf8mb4? Or did they do something else? I also wonder why mysql wouldn't have had the resources for strict typing by default, I'm fairly ignorant of the complexities involved, but since this involves just checking data types on insert, it would seem to my non-expert understanding like not that big of a task to add. I don't say that to disagree with you or disparage oracles work, I'm just trying to understand your point of view better.

Re: Announcement regarding possible offer

#39
post #33
post #18

Earlier quoted context omitted.

It's trading at a market cap of around $31 million, which is below even its revenue. Could make sense to buy it, improve operating metrics, and then flip it. (Or buy it, make it profitable, and earn a return that way.)

I'm surprised the employees aren't making a buy out offer at this point. I'd love to own a reasonable fraction of the company I work for at that sort of price and would happily throw in some of my savings.

well how many employees are left? just cause the company has revenues doesnt mean they have the wealth to buy their employer. ofc i'd absolutely love for this to happen. but also fair warning to any mariadb employees seriously considering this, figure out your renewal strategy first

Re: Announcement regarding possible offer

#40
post #33
post #18

Earlier quoted context omitted.

It's trading at a market cap of around $31 million, which is below even its revenue. Could make sense to buy it, improve operating metrics, and then flip it. (Or buy it, make it profitable, and earn a return that way.)

I'm surprised the employees aren't making a buy out offer at this point. I'd love to own a reasonable fraction of the company I work for at that sort of price and would happily throw in some of my savings.

I think that if you're working for a company facing this sort of situation you wouldn't be as bullish. On top of that you'd have ownership through stock options which you didn't need to fork over savings for.
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