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MongoDB acquires Voyage AI

investors.mongodb.com

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Re: MongoDB acquires Voyage AI

#4

How does MongoDB still have that much available to spend? Everyone I know moved off it years ago.

There are a lot of people still on it, including the place I worked at last.

It was starting to get expensive though, so we were experimenting with other document stores (dynamodb was being trialled, since we were already AWS for most things, just around the time I left)

Re: MongoDB acquires Voyage AI

#5

How does MongoDB still have that much available to spend? Everyone I know moved off it years ago.

that’s what I thought, but every single candidate I interviewed mentioned MongoDB as their recent reference document database, I asked the last candidate if they were self-hosting, the answer is no, they used MongoDB cloud.

Re: MongoDB acquires Voyage AI

#6

How does MongoDB still have that much available to spend? Everyone I know moved off it years ago.

Pretty sure they achieved fiscal nirvana by exploiting enterprise brain rot. You hook em, they accumulate tech debt for years, all their devs leave, now they can't move away & you can start increasing prices. Eventually the empty husk will topple over but that's still years away.

Re: MongoDB acquires Voyage AI

#8

How does MongoDB still have that much available to spend? Everyone I know moved off it years ago.

Pretty sure they achieved fiscal nirvana by exploiting enterprise brain rot. You hook em, they accumulate tech debt for years, all their devs leave, now they can't move away & you can start increasing prices. Eventually the empty husk will topple over but that's still years away.

Is it possible that they simply have a good product?

Re: MongoDB acquires Voyage AI

#9
post #8

Earlier quoted context omitted.

Pretty sure they achieved fiscal nirvana by exploiting enterprise brain rot. You hook em, they accumulate tech debt for years, all their devs leave, now they can't move away & you can start increasing prices. Eventually the empty husk will topple over but that's still years away.

Is it possible that they simply have a good product?

Impossible! It's not based on sqlite, postgres or written in rust, so it must be terrible!

Re: MongoDB acquires Voyage AI

#10

How does MongoDB still have that much available to spend? Everyone I know moved off it years ago.

Pretty sure they achieved fiscal nirvana by exploiting enterprise brain rot. You hook em, they accumulate tech debt for years, all their devs leave, now they can't move away & you can start increasing prices. Eventually the empty husk will topple over but that's still years away.

Then they get acquired by BloodMoor and they squeeze every last cent out of the remaining customers.
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