Isn't MongoDB relatively stable? I can't think of why it would need any particular CEO, and an executive moving to a company that burns money for fun doesn't say much about their previous job. So why the huge stock drop?
Probably just because it reminded everybody that MongoDB exists as a corporate entity and everybody is re-evaluating investment in "Open Core" products where the paid value-add is consultancy because learning to us the product is so difficult, since LLMs for all their faults are good at "how do I use this hard-to-learn tool?"
"Hey the MongoDB guy left, is MongoDB okay?.... wait, no, of course it isn't. It's in that space that is completely screwed."
Dylan16807 · · focus · HN ↗
Pxtl · · focus · HN ↗
"Hey the MongoDB guy left, is MongoDB okay?.... wait, no, of course it isn't. It's in that space that is completely screwed."