[00:07] <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
[01:17] <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?
[01:27] <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.
[01:28] <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
[01:30] <cmaloney> It might be std, but it feels like fiction
[01:30] <cmaloney> especially on something like MongoDB
[01:31] <cmaloney> But then again I've been wrong on financial matters so take my prognostication with appropriate grains of salt
[01:34] <cmaloney> It is cool that they're putting the AGPL et al as risks if they are unenforceable
[01:35] <cmaloney> Though I would put "PostgreSQL takes over our mindshare" as a risk. ;)
[01:37] <jrwren> i'm trying to find companies that have similar revenue, but stock screeners suck :)
[01:38] <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
[01:41] <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
[01:42] <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.
[01:43] <jrwren> mongodb sells products.
[01:43] <jrwren> no different than oracle or msft sells products
[01:44] <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.
[01:45] <cmaloney> MongoDB has Atlas
[01:45] <cmaloney> Everything else you can download afaict
[01:45] <cmaloney> Oh, sorry, enterprise requires a subscription
[01:46] <jrwren> products, services... what is the difference tehse days :)
[01:46] <jrwren> more revenue than netgear!
[01:47] <cmaloney> Netgear is taking a beating
[01:47] <jrwren> whoa, rambus still exists.
[02:48] <cmaloney> wheeee
[10:31] <Scary_Guy> I watch a couple stocks for fun.  TSLA and AMD are both in the red by quite a bit now
[12:40] <cmaloney> morning
[13:05] <mrgoodcat> cmaloney: valuations are 99% bs 99% of the time
[13:06] <mrgoodcat> rev*10 may be standard but I agree its bs
[13:06] <mrgoodcat> there just isn't a better marker
[13:16] <cmaloney> It just reminds me of some friends who had an assumed income for their mortgage that was essentially fiction
[13:30] <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?
[13:35] <cmaloney> *cough*
[13:47] <_stink__> because eyeballs!
[21:43] <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.
[21:45] <jrwren> err wait... no socket support?  I need to play