MongoDB's successful IPO reflects its differences with traditional open source
MongoDB had a good first day of trading with share prices popping roughly 25% over their opening. As the latest big data platform company to IPO, Mongo's fortunes are being compared and equated to Cloudera and Hortonworks.
As upstarts, each is in a race to grow business while whittling down the red ink. Cloudera and Hortonworks are a bit further along this path as their operating losses have begun trending downward - but that happened only after those companies went public.
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