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With neon being bought by databricks, serverless Postgres tech has effectively disappeared from the market.
What do you mean by this? Neon is still operating the same service. Source: I work there.
Evidently, I was very wrong, which I’m glad to hear tbh.
Earlier quoted context omitted.
I read this as "buying potential competitors off the market" right? Less ability for customers to roll-their-own => more customers for Snowflake?
With neon being bought by databricks, serverless Postgres tech has effectively disappeared from the market.
Earlier quoted context omitted.
If everyone in this sector is getting lucrative acquisitions, that should encourage more copycats.
I feel like the history of anti-trust regulation in America has something to say about that...
Not obvious serverless postgres is in that category.
It's interesting that Snowflake went shopping for Crunchy Data over Neon. While Neon focused on bringing compute and storage separation to OLTP, Crunchy Data focused more on bringing OLTP/PostgreSQL closer to OLAP with DuckDB and Iceberg. In a way, Crunch Data was a competitor to Snowflake as they literally name themselves as "Postgresql Data Warehouse" but correct me if I'm wrong. Neon sounds more complementary to S…
I think $250M is fairly low. Must be a good deal for snowflake.
With Neon going to Databricks, the pool of potential buyers dramatically shrank.
The musical chairs here is who can get such long proven incredible fantastic well knowing talent. Who can snarf it up & convince these incredible doers to fold into the amorphous indistinct corporate giant.
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One good reason is that a huge population of companies just don't have enough data to justify Snowflake. We sell a product built on it, and I wish we'd had DuckDB 3-4 years ago; it's perfect for 95%+ of our clients
I think DuckDB is great but I don't think it is necessarily playing the same game as Snowflake. A lot of people want the serverless option and DuckDB is not that.
In that case BigQuery is more managed than both, PAYG for analytical queries without thinking about compute nor clusters whatsoever.
It's interesting that Snowflake went shopping for Crunchy Data over Neon. While Neon focused on bringing compute and storage separation to OLTP, Crunchy Data focused more on bringing OLTP/PostgreSQL closer to OLAP with DuckDB and Iceberg. In a way, Crunch Data was a competitor to Snowflake as they literally name themselves as "Postgresql Data Warehouse" but correct me if I'm wrong. Neon sounds more complementary to S…
I guess you have to be pretty close to C level at a big company to even understand.