How an Early Pivot Catalyzed an Open Source Movement - MongoDB on Crucible Moments

How an Early Pivot Catalyzed an Open Source Movement - MongoDB on Crucible Moments

Sequoia Capital

1 месяц назад

588 Просмотров

MongoDB, founded in 2007, originally aimed to create a platform-as-a-service system with a new database layer. Facing competition from Google, the founders pivoted to focus solely on their database product, MongoDB—a new kind of database built for the scale of the internet era. Founder Dwight Merriman built a product that developers loved, but scaling the company proved challenging until Dev Ittycheria took the reins as CEO in 2014. As cloud computing grew, MongoDB transitioned from on-premise software to Atlas, a fully managed-cloud service. Despite initial skepticism, Atlas now represents 70% of MongoDB's revenue. As Atlas scaled, MongoDB faced another controversial decision: whether to change its open source license model to maintain its commercial moat. These pivotal decisions transformed MongoDB from a niche database to a nearly $2 billion in annual revenue.
Ссылки и html тэги не поддерживаются


Комментарии: