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MongoDB CEO resigns to join Meta

366 points · 306 comments · diek

  1. xnx · · focus · HN ↗
    TIL MongoDB is a publicly traded company.

    I can't imagine the future is bright for MongoDB as AI makes it much less painful to move off of legacy and/or overpriced software.

    1. Hasz · · focus · HN ↗
      Oracle is still making a very, very healthy amount of money on legacy db products. Momentum is a very powerful thing.
      1. jjice · · focus · HN ↗
        We're early on in the LLM era, so I have hope that it can crush Oracle's business model. That said, your database is probably the hardest part of your application to migrate off of...
        1. esseph · · focus · HN ↗
          > We're early on in the LLM era, so I have hope that it can crush Oracle's business model.

          They're a hypercloud provider now. It may be awhile.

          1. senderista · · focus · HN ↗
            Oracle seems to be doing their best to expedite their own crushing. I wish them success.
            1. esseph · · focus · HN ↗
              > Oracle seems to be doing their best to expedite their own crushing.

              Ehhhhhh maybe <a href="https:&#x2F;&#x2F;www.cnbc.com&#x2F;quotes&#x2F;ORCL" rel="nofollow">https:&#x2F;&#x2F;www.cnbc.com&#x2F;quotes&#x2F;ORCL

              As much as I&#x27;d like to believe this, they have their ways of making money.

        2. lenerdenator · · focus · HN ↗
          I was thinking maybe investigations and prison time should crush Oracle&#x27;s business model.

          They bought Cerner early in the decade and have whittled it down to absolutely nothing. This is a problem when the software that Cerner sold was EMRs and I have people who used to work there telling me that the perioperative and anesthesia suites now have one person working on them, and no one&#x27;s fixing issues.

        3. SoftTalker · · focus · HN ↗
          &gt; your database is probably the hardest part of your application to migrate off of

          Oracle has understood this for a long time. RDMBS have seen many generations of application tech stacks rise and fall. Other than C and unix they have outlasted almost everything.

      2. vanuatu · · focus · HN ↗
        don&#x27;t look at the oracle stock price over the last year though
        1. bel8 · · focus · HN ↗
          $322 to $130. ouch
        2. Hasz · · focus · HN ↗
          This is mostly an artifact of their bonkers hyperscaler build up. The growth in their RDBMS has got to be 0 or negative, but existing customers are locked in tight imo.
      3. dgellow · · focus · HN ↗
        Don’t look at oracle’s debts
      4. fendy3002 · · focus · HN ↗
        IMO because usually the ones that use Oracle are usually slow at changing, usually risk-averse, CYA culture and big bureaucracy.
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