| Scary_Guy | Well, there's a learning curve but speed does improve over time. I either want that or a keyboard with a meta key. maybe I can remap the menu key on a windows keyboard or something but this Ducky I'm using doesn't even have a Windows/Super key | 00:07 |
|---|---|---|
| jrwren | mongodb ipo. 40M in cash, 400M in debt. 100M revenue on 160M expense. so... 1B valuation... what do you think they will actually try to raise? | 01:17 |
| cmaloney | Steve Jobs | 01:27 |
| jrwren | "We could be negatively impacted if the GNU Affero General Public License Version 3 and other open source licenses under which some of our software is licensed are not enforceable." | 01:27 |
| cmaloney | Because those numbers are terrible | 01:27 |
| jrwren | wow. | 01:27 |
| jrwren | lol, @ trying to raise steve jobs. | 01:27 |
| jrwren | those numbers aren't that bad. | 01:27 |
| cmaloney | I don't understand the 1B valuation | 01:28 |
| cmaloney | That reads like assumed income | 01:28 |
| jrwren | ten times earning is std valuation | 01:28 |
| cmaloney | It might be std, but it feels like fiction | 01:30 |
| cmaloney | especially on something like MongoDB | 01:30 |
| cmaloney | But then again I've been wrong on financial matters so take my prognostication with appropriate grains of salt | 01:31 |
| cmaloney | It is cool that they're putting the AGPL et al as risks if they are unenforceable | 01:34 |
| cmaloney | Though I would put "PostgreSQL takes over our mindshare" as a risk. ;) | 01:35 |
| jrwren | i'm trying to find companies that have similar revenue, but stock screeners suck :) | 01:37 |
| cmaloney | yes | 01:38 |
| cmaloney | The only thing that they have to sell is their brand | 01:38 |
| cmaloney | It reminds me a lot of Twitter | 01:38 |
| jrwren | CARS as in CARS.com has a bit more revnue, but similar market valueation and similar lack of profit ;) | 01:41 |
| jrwren | yes, twiter, snapchat, atlassian. | 01:41 |
| cmaloney | Atlassian is not as much in that category | 01:41 |
| cmaloney | they have a private product that they sell | 01:41 |
| jrwren | BOX is similar enough too | 01:42 |
| cmaloney | but Twitter doesn't sell a product | 01:42 |
| cmaloney | Snapchat doesn't sell a product | 01:42 |
| cmaloney | and MongoDB doesn't sell a product, they sell a service | 01:42 |
| cmaloney | (iirc) | 01:42 |
| jrwren | huh, carbonite on the other hand... weird. I wonder why carbonite is so under rated. | 01:42 |
| jrwren | mongodb sells products. | 01:43 |
| jrwren | no different than oracle or msft sells products | 01:43 |
| jrwren | this is fun, i've never really looked through small cap tech companies before. | 01:44 |
| jrwren | etreme networks, zomg, their revenue dried up. | 01:44 |
| cmaloney | MongoDB has Atlas | 01:45 |
| cmaloney | Everything else you can download afaict | 01:45 |
| cmaloney | Oh, sorry, enterprise requires a subscription | 01:45 |
| jrwren | products, services... what is the difference tehse days :) | 01:46 |
| jrwren | more revenue than netgear! | 01:46 |
| cmaloney | Netgear is taking a beating | 01:47 |
| jrwren | whoa, rambus still exists. | 01:47 |
| cmaloney | wheeee | 02:48 |
| Scary_Guy | I watch a couple stocks for fun. TSLA and AMD are both in the red by quite a bit now | 10:31 |
| cmaloney | morning | 12:40 |
| mrgoodcat | cmaloney: valuations are 99% bs 99% of the time | 13:05 |
| mrgoodcat | rev*10 may be standard but I agree its bs | 13:06 |
| mrgoodcat | there just isn't a better marker | 13:06 |
| cmaloney | It just reminds me of some friends who had an assumed income for their mortgage that was essentially fiction | 13:16 |
| jrwren | i much prefer earnings*10 to rev*10, but when you have no earnings, its tough, because then your valuation would be zero or negative. Which makes sense, why value a company that loses money? | 13:30 |
| cmaloney | *cough* | 13:35 |
| _stink__ | because eyeballs! | 13:47 |
| jrwren | oh man... http://man7.org/linux/man-pages/man2/copy_file_range.2.html sweet syscall, sendfile with length limits. I wondered why I never heard of it and it was added in 4.5. | 21:43 |
| jrwren | err wait... no socket support? I need to play | 21:45 |
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