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by hnkimb3558
3444 days ago
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(Post author here) I'm not incredibly familiar with the ins and outs of MongoDB Inc's business model, but I agree with your assessment. They certainly seem to have embraced both of the OSS business models I described in the post as viable alternatives. We are going to start with just one, and there's still a huge amount on our plate. MongoDB Inc did have its valuation reduced by some institutional investors. Hard to say whether that was premature or what the impetus was behind their decision. MongoDB is an incredibly well-adopted product that has gotten considerably more capable over the years. I would argue they've had good success with this business model, as building a $1.6B business is a huge accomplishment whether you've got an OSS business model or not. It would be fair to ask whether they've done the balancing act as well as they might have. They've certainly knocked OSS adoption out of the park. On the other hand, I've heard anecdotally that they waited a long time before introducing enterprise features. Regardless, I view MongoDB Inc. as a big - and still growing - success, and consider much of what they've accomplished to be worthy of emulation. |
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"I don't know much about one of our signifcant competitors' business model." doesn't sound like something you would want to hear from someone just announcing their business model.