Live data from Hacker News

New Relic And Hortonworks See Strong Public Debuts

techcrunch.com

21–27 of 27 posts

Re: New Relic And Hortonworks See Strong Public Debuts

#21
post #17

Can someone explain how deeply unprofitable companies can go public and somehow do well? I understand that companies are able to pull Mitt Romney's and do terrible things to make money with companies that were losing money every year, but how does it happen that people want to buy stock of a company that is losing so much money? Do I even want to know?

With New a Relic revenue growth rates are greater than the increase in loss rates. I bought a few hundred shares of New Relic because the financials are actually very strong. There's a lot more going on than simple profit/loss statements, it has to do with rates as opposed to simple hard numbers. As successful as Amazon is, they STILL aren't profitable, yet I bet everyone here wishes they had Amazon IPO shares.

The Mitt Romney comment is rather ignorant. There are many, many major companies that were rescued by Bain. A simple minded view of that industry is to do a discredit to the companies that thrived because of Bain. Staples, Guitar Center, Dominoes Pizza, the list goes on. If it weren't for Mitt Romney, there's be dozens of companies that would have simply gone bankrupt. Business isn't around to be a public service, it's sole purpose is to make a profit; with those profits, they are able to provide people with jobs. If Apple didn't make a profit and closed down, imagine how many people in our community would be out of a job. Profit provides an incentive to operate. I don't make a living writing computer code for charity; our livihoods depend on profit, like it or not.

Re: New Relic And Hortonworks See Strong Public Debuts

#22

Earlier quoted context omitted.

I was not, and for that matter, am not really participating in this one either except as an observer. I wonder if there's a difference based on how many of those companies were selling mostly actual hardware infrastructure, which has just gotten cheaper and more commoditized over time, versus those which had actual differentiated software. Both still got hit hard of course, a bubble's a bubble, but I wonder who did s…

This time around the software is getting commoditized (with open source).

There were some open source software players back then [1].

VA Linux (now Geeknet) was near a $10 billion market cap [2] in trading immediately following its IPO. After several pivots and renames, it's market cap now is just $50 million.

RedHat went public at about a $1 billion valuation (raising $100 million), hit about $3 billion in trading after the IPO open, and has steadily grown to about a $10 billion cap over the last 15 years.

Meanwhile, today Hortonworks ends the day with a cap over $1 billion, and a couple of competitors in the wings that may also be doing IPOs at some point.

It's not that Hadoop and Linux are even comparable, but it's really hard to see from a 2014 vantage point that the Hadoop market will be as disruptive over the next 15 years as it would have been to see Linux disrupting in 1999. So Hortonworks and its ilk fall more in the space of advanced enterprise software--a more comparable relative temporary winner from that era was BEA Systems (which also had a spectacular rise and dramatic fall--amplified because they were a company that was disrupted by free software, and suffered due to unsustainable expectations). [3]

[1] http://www.cnet.com/news/10-years-gone-the-va-linux-systems-...

[2] http://www.theregister.co.uk/1999/12/10/ipo_makes_va_linux_i...

[3] http://online.barrons.com/articles/SB998410322172345858?tesl...

Re: New Relic And Hortonworks See Strong Public Debuts

#23
post #9

Earlier quoted context omitted.

strange, there's no pricing info on the site, why?

We've got a couple different products, and they're priced slightly differently. http://appneta.com/products/traceview is what you want -- scroll down :)

thanks, got anything for HHVM?

Re: New Relic And Hortonworks See Strong Public Debuts

#24
post #3

There's always mixed feelings when a competitor goes public. I work for AppNeta, and while we directly compete against New Relic, I love what they've done for the market. Their competitors were these clunky, on-premise, hard-to-use, didn't support Ruby / Python / PHP / node.js apps, and they've built a beautiful service that's legitimately easy to use. A lot of the data is available from CA or Dynatrace, but it's so…

The link to https://support.appneta.com/cloud/traceview/instrumentation/... on the python support page is broken.

Re: New Relic And Hortonworks See Strong Public Debuts

#25
post #24
post #3

There's always mixed feelings when a competitor goes public. I work for AppNeta, and while we directly compete against New Relic, I love what they've done for the market. Their competitors were these clunky, on-premise, hard-to-use, didn't support Ruby / Python / PHP / node.js apps, and they've built a beautiful service that's legitimately easy to use. A lot of the data is available from CA or Dynatrace, but it's so…

The link to https://support.appneta.com/cloud/traceview/instrumentation/... on the python support page is broken.

Whoops, will get that fixed!

You probably found the right one, but better link: https://support.appneta.com/cloud/traceview/instrumentation/...

Re: New Relic And Hortonworks See Strong Public Debuts

#26

Earlier quoted context omitted.

Hey, sorry that you find it confusing! Part of the problem is that we have a couple different products, and they're not all directly comparable with New Relic. Hence the lack of a central pricing page. TraceView is our offer that's 1:1, as you found, and it's priced monthly per host. The "unlimited" is meant to be "you can buy as many as you want", vs. the "Startup" plan, where you can have a max of 5 hosts. Does tha…

Why charge me for having more hosts? I am used to the reverse. Buy more, save more. IMHO, keep the app and 'hours of retention' limit in. Remove the hosts and user limit (I hate user limits; don't you want more people exposed to your app?!?)

We definitely have discounts if you've got a whole ton of hosts. You'll pay less for the 50th host than for the 1st.

That said, a host collects a certain amount of data, so it's not really tenable for us to sell "site licenses" at a fair price. If you're super-bursty, we're happy to charge for the average, AWS-style, but that model tends to upset the finance folks, so we default to the "you'll clearly pay this" model first.

Re: New Relic And Hortonworks See Strong Public Debuts

#27
post #23

Earlier quoted context omitted.

We've got a couple different products, and they're priced slightly differently. http://appneta.com/products/traceview is what you want -- scroll down :)

thanks, got anything for HHVM?

Nothing public right now, but we had a beta started. It would probably look something similar to our current PHP instrumentation ... except it would work on HHVM.

If you want to chat, shoot me an email: TR @ appneta. I'm curious to hear if there's anything different we'd want to look at when working on HHVM.

Post reply on HN