MongoDB

7 statements across 1 episodes · 3 bullish · 0 bearish · 1 people on the record · first statement Sep 14, 2023 by Kevin Ryan · said 4 times in 4 episodes since 2021 · across every show →

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Everything said about MongoDB, oldest first

Sep 14, 2023 positive
Assertion Partly supported
MongoDB lost $1 billion before becoming profitable, now earns $300M yearly
“I mean, Mongo, between being a private and public company, raised and lost a billion dollars before they had a profitable quarter. And now already make three hundred million dollars a year in profits.”
Kevin Ryan Sep 14, 2023 ▶ 6:50 How This Billionaire Founder Finds +$20B Business Ideas | Kevin Ryan Interview (#495)
Sep 14, 2023 bullish
Prediction Open · timeframe Sep 2033
MongoDB will reach a $50 billion valuation within 10 years
“So that's why it's so valuable is because it's an, it's just an incredible company growing quickly, enormous market share, and is going to grow for the next 10 years. It'll be a fifty billion dollar company.”
Kevin Ryan Sep 14, 2023 ▶ 7:03 How This Billionaire Founder Finds +$20B Business Ideas | Kevin Ryan Interview (#495)
Sep 14, 2023
Disclosure
AlleyCorp invests $1.5 million to launch each new startup
“So we started each company with a million dollars. So 500,000 from each one of us. And that was for Gilt, Business Insider and Mongo. And then we, I did after that Dwight semi-retired. And so I did that with Nomad. I did that with Zola. And now, by now I put a…”
Kevin Ryan Sep 14, 2023 ▶ 6:13 How This Billionaire Founder Finds +$20B Business Ideas | Kevin Ryan Interview (#495)
Sep 14, 2023
Insight
Ryan: Founders must act as coaches recruiting top talent, not players
“You got to think of yourself as you are the coach. You are not the player. And if you're a coach and if you manage to persuade, you know, LeBron James and Kevin Garnett and a bunch of people on your team, your team's going to do well. That's actually the job.”
Kevin Ryan Sep 14, 2023 ▶ 26:19 How This Billionaire Founder Finds +$20B Business Ideas | Kevin Ryan Interview (#495)
Sep 14, 2023 neutral
Insight
Infrastructure software like MongoDB requires up to $100M and cannot be bootstrapped
“Like Mongo, you got to take years to build a good enough product, and there's no way to bootstrap that. You know, it takes 20, 50, you know, there's a hundred million dollars generally for those types of companies to get there.”
Kevin Ryan Sep 14, 2023 ▶ 40:10 How This Billionaire Founder Finds +$20B Business Ideas | Kevin Ryan Interview (#495)
Sep 14, 2023 neutral
Assertion Not checkable as stated
MongoDB generated zero revenue during its first three years
“For three years, we had zero revenue.”
Kevin Ryan Sep 14, 2023 ▶ 22:52 How This Billionaire Founder Finds +$20B Business Ideas | Kevin Ryan Interview (#495)
Sep 14, 2023 bullish
Assertion Supported
MongoDB is approaching a $2 billion revenue run rate
“Then finally, Sequoia came in and then we raised a lot of money and now it does getting close to a two billion dollar run rate.”
Kevin Ryan Sep 14, 2023 ▶ 23:13 How This Billionaire Founder Finds +$20B Business Ideas | Kevin Ryan Interview (#495)
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