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MariaDB plunges nearly 40% in NYSE debut after SPAC merger

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101–110 of 121 posts

Re: MariaDB plunges nearly 40% in NYSE debut after SPAC merger

#101

Earlier quoted context omitted.

Because going public is the only way for most shareholders (including most employees) to sell shares. Don’t ask me why startups are designed this way. It’s dumb.

I had no idea Mariadb was a startup. I thought it was an open source fork if mysql

MySQL is named after the founder’s daughter—My ( pronounced me by the way ). He sold it to Oracle and then, because it was Open Source, he forked it to create MariaDB. The name of his other daughter is Maria.

Re: MariaDB plunges nearly 40% in NYSE debut after SPAC merger

#102
post #90

Earlier quoted context omitted.

It’s just a fork of mysql.

but an incompatible fork. There are many major differences between MySQL and MariaDB. https://mariadb.com/database-topics/mariadb-vs-mysql/

It wasn't an incompatible fork at first. It's now diverged a bit.

Re: MariaDB plunges nearly 40% in NYSE debut after SPAC merger

#103

Earlier quoted context omitted.

I had no idea Mariadb was a startup. I thought it was an open source fork if mysql

MySQL is named after the founder’s daughter—My ( pronounced me by the way ). He sold it to Oracle and then, because it was Open Source, he forked it to create MariaDB. The name of his other daughter is Maria.

It's not pronounced Me, it's not English. But let's excuse your americanism.

Re: MariaDB plunges nearly 40% in NYSE debut after SPAC merger

#104
post #7

We need a better mechanism for companies to go public. The traditional IPO is a ripoff and SPACS are scams. It's great that companies like MariaDB are able to raise money in public markets, though.

A company is always free to do a direct listing.

Re: MariaDB plunges nearly 40% in NYSE debut after SPAC merger

#105
post #65
post #36

Earlier quoted context omitted.

We need a better mechanism than going public. That only leads to the inevitable next-quarter-itis that has taken down once great companies like HP and Bell Labs.

We need a law that says that CEOs and C-suite writ large and board members can't receive stock/options/RSU. Otherwise, we'll always be stuck in Goodhart's law. Maybe they make enough already and don't need bonuses. The "bonus" is keeping your job not getting a golden parachute.

Not giving management of a company shares is a very bad idea. A company's soul purpose is to serve its shareholders and to keep management and the shareholders on the same page, management should be given shares in the company.

https://en.wikipedia.org/wiki/Principal%E2%80%93agent_proble...

Re: MariaDB plunges nearly 40% in NYSE debut after SPAC merger

#106

Earlier quoted context omitted.

MySQL is named after the founder’s daughter—My ( pronounced me by the way ). He sold it to Oracle and then, because it was Open Source, he forked it to create MariaDB. The name of his other daughter is Maria.

It's not pronounced Me, it's not English. But let's excuse your americanism.

No one I know had ever pronounced it Me. How did you come to the conclusion this non existent thing was an Americanism?

Re: MariaDB plunges nearly 40% in NYSE debut after SPAC merger

#107
post #84

> MariaDB's eponymously named open-source software ... I'm sure they meant 'eponymous open-sourced', as named is implicit in the meaning of that word, but I'm less confident whether an eponym can be granted based on a familial naming attribution? A few years ago I had a weird exchange with someone on these forums who enlightened me about the maxscale licence change, and identified this as a key turning point (not in…

They’re saying the database has the same name as the company, not anything to do with the familial naming connection.

Re: MariaDB plunges nearly 40% in NYSE debut after SPAC merger

#108
post #84

> MariaDB's eponymously named open-source software ... I'm sure they meant 'eponymous open-sourced', as named is implicit in the meaning of that word, but I'm less confident whether an eponym can be granted based on a familial naming attribution? A few years ago I had a weird exchange with someone on these forums who enlightened me about the maxscale licence change, and identified this as a key turning point (not in…

They’re saying the database has the same name as the company, not anything to do with the familial naming connection.

That's what eponym means, hence what the grandparent said.

Re: MariaDB plunges nearly 40% in NYSE debut after SPAC merger

#110

Earlier quoted context omitted.

Because going public is the only way for most shareholders (including most employees) to sell shares. Don’t ask me why startups are designed this way. It’s dumb.

I had no idea Mariadb was a startup. I thought it was an open source fork if mysql

Many open source projects have startups behind them putting in all the work, usually with the hope of monetizing it. Which is a really hard problem - the choices are support and services (the software is FOSS but you sell support and implementation/review services to enterprises - what Red Hat used to do), or open core (only the core software is FOSS, and there are proprietary Enterprise versions with more Enterprise features). Neither are obvious and many open source startups fail.
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