Re:Amazon DocumentDB, with MongoDB compatibility
by alittletooraph on Wednesday January 09, 2019 @11:47PM
(#18871605)
You're right they're not profitable — and neither is MongoDB — but the point is that AWS launched an Elasticsearch service 3 years prior to Elastic having a very successful IPO supported by stellar metrics (also found in the SEC filing you linked). So the statements made at the beginning of this thread are probably a bit premature.
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Re:Amazon DocumentDB, with MongoDB compatibility
by scarface74 on Thursday January 10, 2019 @12:04AM
(#18871675)
Only in tech do people think that a money losing company is “successful” because they were able to convince investors to buy stock instead of defining success as having a business model where income is greater than expenses.
In reality long term profitability is the only metric that matters for a corporation
Re:Amazon DocumentDB, with MongoDB compatibility
by privateSFacct on Thursday January 10, 2019 @02:03AM
(#18872079)
And in contrast to these startups with their "success" AWS is printing cash for amazon which releases surprisingly few "metrics" beyond $ in and $ out.
Re:Amazon DocumentDB, with MongoDB compatibility
by scarface74 on Thursday January 10, 2019 @07:33AM
(#18873374)
And at the end of the day. What else matters when measuring whether a profit seeking corporation is successful?