MariaDB to go public at $672M valuation

Re:MariaDB to go public at $672M valuation by IgorPartola on Tuesday February 01, 2022 @12:29PM (#30165984)

How many database companies are out there that made it big? How many are based on FOSS? It seems like the lesson of “you can’t make money in a FOSS database (or file system)” keeps being learned and relearned the hard way.

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Re:MariaDB to go public at $672M valuation by volsa_ on Tuesday February 01, 2022 @01:03PM (#30166509)

MongoDB would be one that comes to mind which is public traded (https://finance.yahoo.com/quote/MDB/)

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Re:MariaDB to go public at $672M valuation by avrionov on Tuesday February 01, 2022 @01:19PM (#30166764)

The market will be challenging because the big cloud players offer their version, but recently there were a few successful database companies:

- MongoDB

- Snowflake

- Databricks

These 3 are probably the biggest, but there are few others which are promising: Cockroach Labs, Materialize, PlanetScale, Yugabyte.

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Re:MariaDB to go public at $672M valuation by ashvardanian on Tuesday February 01, 2022 @02:07PM (#30167508)

they are doing OK, but much worse than the private Snowflake, in terms of multiples and growth rate. FOSS is too easy to replicate, so Mongo is most likely earning a lot less than AWS and other cloud vendors from their forks of Mongo.

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Re:MariaDB to go public at $672M valuation by jerrybender on Tuesday February 01, 2022 @04:29PM (#30169587)

Snowflake is publicly traded

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Re:MariaDB to go public at $672M valuation by ashvardanian on Wednesday February 02, 2022 @12:43AM (#30174179)

by private I meant closed-source

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Re:MariaDB to go public at $672M valuation by skinnymuch on Wednesday February 02, 2022 @09:44AM (#30178214)

No one mentioned CouchBase (ticker BASE) going public in July. It’s worth $1B right now.

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