A16Z-backed data firms Fivetran, dbt Labs to merge in all-stock deal
1–10 of 45 posts
Re: A16Z-backed data firms Fivetran, dbt Labs to merge in all-stock deal
#2Thoughts on possible implications for users in foreseeable future? We built a lot using dbt and can't really think of going back or switching to alternatives
Re: A16Z-backed data firms Fivetran, dbt Labs to merge in all-stock deal
#3This smells like self-dealing on the part of A16z.
Re: A16Z-backed data firms Fivetran, dbt Labs to merge in all-stock deal
#4Thoughts on possible implications for users in foreseeable future? We built a lot using dbt and can't really think of going back or switching to alternatives
What's the lock-in?
Re: A16Z-backed data firms Fivetran, dbt Labs to merge in all-stock deal
#5Thoughts on possible implications for users in foreseeable future? We built a lot using dbt and can't really think of going back or switching to alternatives
Are you using their cloud offering or just the software itself?
Re: A16Z-backed data firms Fivetran, dbt Labs to merge in all-stock deal
#6This smells like self-dealing on the part of A16z.
How so? It sounds like a pretty normal merger to me.
Re: A16Z-backed data firms Fivetran, dbt Labs to merge in all-stock deal
#7This smells like self-dealing on the part of A16z.
Maybe, but now they could IPO confidentially as a tech company with high revenue with a multi-billion dollar valuation, which sort of sounds like their end goal
Re: A16Z-backed data firms Fivetran, dbt Labs to merge in all-stock deal
#8Thoughts on possible implications for users in foreseeable future? We built a lot using dbt and can't really think of going back or switching to alternatives
What's the lock-in?
I'm wondering too. We run dbt on-prem. Worst that could happen is we don't get any more free updates. But we have the software and it will continue to run.
Re: A16Z-backed data firms Fivetran, dbt Labs to merge in all-stock deal
#9Re: A16Z-backed data firms Fivetran, dbt Labs to merge in all-stock deal
#10Thoughts on possible implications for users in foreseeable future? We built a lot using dbt and can't really think of going back or switching to alternatives
Fivetran isn't really much of a transformation layer so this is likely just a move to lock-in customers of both companies by upselling an ingestion/transformation layer to existing customers.
The bigger question mark to me is that Fivetran recently acquired Tobiko, the company behind a dbt competitor SQLMesh. The Tobiko team said their focus has been on dbt-compatibility because a lot of Fivetran customers use dbt for their transformation layer. I fear it may have just been a way to get rid of competition leading up to this deal. I can't imagine Fivetran spent a ton of money just to have 2 products that do very similar things.
We use both open-source SQLMesh as well as their cloud offering Tobiko Cloud. Following the acquisition, we were annoyed that focus was going to go to dbt compatibility because there was a bunch of stuff on their roadmap that would help us that was now deprioritized. Thankfully, they still offer great support to us and delivered a few features that have given us some quality of life improvements. With this announcement, I'm worried we're going to end up being forced to migrate to dbt...