Elastic doesn't need to make more money than Amazon. They just need to be able to make enough to have a healthy business, and so far they've achieved that. $500MM yearly revenue with 40+% growth is nothing to scoff at.
It really seems like Elastic's motivation here is jealousy more than anything else. Which I understand from an emotional perspective, but from a logical perspective it's a big business blunder they've made IMO.
It really seems like Elastic's motivation here is jealousy more than anything else. Which I understand from an emotional perspective, but from a logical perspective it's a big business blunder they've made IMO.