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Not quite following why MariaDB is even a listed company? It's a solid database sure but traditional relational DB isn't exactly a bleeding edge killer feature these days What was the intended differentiating hook?
Earlier quoted context omitted.
A description of how SPACs work can be found here: https://www.investopedia.com/terms/s/spac.asp
From the link: > During a 2020–2021 boom period for SPACs, they attracted prominent names such as Goldman Sachs, Credit Suisse, and Deutsche Bank, in addition to retired or semiretired senior executives. Now, why retired or semi-retired senior exec who are most probably already swimming in money and have a certain age are even thinking about these investments instead of just spend the fortune they have and enjoy life…
Obsessive-compulsive disorder and self-worth insecurity that masquarades as 'success in business'.
Not quite following why MariaDB is even a listed company? It's a solid database sure but traditional relational DB isn't exactly a bleeding edge killer feature these days What was the intended differentiating hook?
Don’t ask me why startups are designed this way.
It’s dumb.
$10 a share to $0.96 in 2 weeks, 90% loss.
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.
If shareholders think the C-suite and/or board are overcompensated, they can vote for a different decision. And if they don't have the majority to get their way they can sell, buying into a company that better reflects their priorities.
I'm not sure I see the case for further regulation of what are, essentially, private decisions and transactions.
Not quite following why MariaDB is even a listed company? It's a solid database sure but traditional relational DB isn't exactly a bleeding edge killer feature these days What was the intended differentiating hook?
I agree - I didn't realise it was a listed company. Does it compete with Oracle or SQL Server in terms of features?
Not quite following why MariaDB is even a listed company? It's a solid database sure but traditional relational DB isn't exactly a bleeding edge killer feature these days What was the intended differentiating hook?
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.