[buraequete]

Can't wait for the bubble to burst... Wherever you look, there are generic overvalued companies

[Lazare]

Although fair enough in general, New Relic is public with a market cap of $3.5b, and given my experiences with New Relic and Datadog, I wouldn't be surprised if Datadog was easily worth twice New Relic. :) (Certainly they're a lot more than twice as nice to use...)

[tomnipotent]

I would imagine a non-trivial amount of revenue for most SaaS businesses is highly dependent on VC-funded startups. If VC money dries up, expect all SaaS businesses to suffer.

[almost_usual]

I don’t think Datadog falls into that category..

[JohnJamesRambo]

They may be great, but are they 7.8 billion dollars of great? For comparison, Hanes (the underwear people) has a 6 billion market cap and Dish Network is 18 billion.

[whateveracct]

They charge $15/host and their service is good enough that you can often say that's well worth it, so I think so.

[socialist_coder]

The $15 a host thing was only true before they started charging for custom metrics. Now they want you to add APM to your plan and it's much more expensive.

I'm transitioning off of DataDog right now because of this change. My contract came up for renewal and they want to charge me a TON more because of my custom metrics.

All my custom metrics do is track the time of each request. It's basically APM but I've had it setup for years, way before they rolled out APM. So yeah, $15 a host would be awesome if that's actually what the price was. But why would you pay $15 a host and only get CPU/memory charts? That stuff is built into AWS... So I'm not even sure what the $15 gets you that is actually useful.

[lizthegrey]

What're you moving off to, out of curiosity?

[Bombthecat]

I don't know where he moved to, but maybe lock into sisdig or netdata. Or if it is api specific lock into kong and grafana.

Or if you realy want to dig deep into api data (like how often is send a credit request with which data) look into axway decisions insight.

[xtracto]

$15/host sounds extremely expensive! Is that per year?

My no money side project startup has 5 micro instances and could not imagine paying $75 per month

[whateveracct]

It's per month.

There is a free tier (up to 5 hosts I think), but yeah. It's that expensive and still people use it!

[askafriend]

Why would you compare Datadog to Hanes and Dish Network? How is that relevant at all?

[JohnJamesRambo]

Because they are real companies that we know and recognize and can compare the valuation to.

[signa11]

why leave the FAANG out then?

[skinnymuch]

Because their market caps are huge?