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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. vanuatu · · focus · HN ↗
        don'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.
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