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How many database companies are out there that made it big? How many are based on FOSS? It seems like the lesson of “you can’t make money in a FOSS database (or file system)” keeps being learned and relearned the hard way.


MongoDB would be one that comes to mind which is public traded (https://finance.yahoo.com/quote/MDB/)


The market will be challenging because the big cloud players offer their version, but recently there were a few successful database companies:

- MongoDB

- Snowflake

- Databricks

These 3 are probably the biggest, but there are few others which are promising: Cockroach Labs, Materialize, PlanetScale, Yugabyte.


they are doing OK, but much worse than the private Snowflake, in terms of multiples and growth rate. FOSS is too easy to replicate, so Mongo is most likely earning a lot less than AWS and other cloud vendors from their forks of Mongo.


Snowflake is publicly traded


by private I meant closed-source


No one mentioned CouchBase (ticker BASE) going public in July. It’s worth $1B right now.




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