Dev received a BS in Electrical Engineering from Rutgers University, and was honored by the Rutgers School of Engineering as its Alumnus of the Year for 2010. Don't let a crisis go to waste. We dont have to manage two systems, learn two platforms, etc. Its platform also provides user experience monitoring, network performance monitoring, cloud security, developer-focused observability, and incident management, as well as a range of shared features, such as dashboards, analytics, collaboration tools, and alerting capabilities. That attitude has led to many fingers being burned, he warns: Moving to the cloud held out the promise of reduced complexity and improved productivity. Its not always a CIO, it could be the VP of Infrastructure. And the exact people who Ive seen struggle in not being able to scale, are the ones who just cant adapt and grow. So its gone from zero to being almost half of the companys revenue. So imagine if we had three or 5% share, wed be a very, very large company. He has been a member of the Minnesota Vikings ownership group for a decade, and serves as the teams executive vice president strategic planning and business initiatives. Required fields are marked *. So its actually encouraged entrepreneurs to keep companies in New York. Previously, Barral was managing director at Barclays Capital and JP Morgan in convertible sales and trading. Youve done some fascinating things as an entrepreneur, as a CEO, also as a VC, although more briefly if you could give us a couple of minutes on your story, thatd be awesome. Dev Ittycheria, CEO, at MongoDB joins. Dev Ittycheria, by /s/ Ron A. Metzger, Attorney-in-Fact: 02/14/2022 ** Signature of Reporting Person: Date: Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. And then we use that as a wedge to get in the door and then use that as a way to So once we get in the door, our net expansion rates are very high because obviously we can then start winning more and more workloads. CNBC on Peacock. This chart shows Dev Ittycheria's buying and selling at Datadog by year and by quarter. I personally love New York city, its my favorite city in the world. All right, to close maybe just a couple of questions from the group. And then what are the right type of folks that you want as a growth stage startup versus as a public company? (As always, Data Driven NYC is a team effort many thanks to my FirstMark colleagues Jack Cohen and Katie Chiou for co-organizing, Diego Guttierez for the video work and to Karissa Domondon for the transcript! During his tenure, MongoDB has launched innovative products like cloud database, Atlas, garnered numerous customers, outperformed comparable competitors financially, and expanded operations worldwide. And so itd be foolish to have close to a billion dollars in the bank. And so, one day you might find AWS competing with you and your core business. You can help Wikipedia by expanding it. We encourage our salespeople to go slow to go fast. And third, its not trivial to be both building software and running software. Learn More on Dev Ittycheria's contact information. And so its not a secret, but since weve gone public three and a half years ago, weve had six C level changes, right? Balanced lives continue to make great business sense. So your impact on the NYC tech ecosystem has just been insane. Dev Ittycheria has over two decades of experience as an entrepreneur, investor, and leader specializing in high-growth software companies. And be very, very clear on that. Detailed information on the use of cookies on this site is provided in ourcookie policy. Can I modify the source code? My job is that I need to do three things well. AboutPressCopyrightContact. "The top-ranked employer for workers older than Generation Z was MongoDB, which achieved an average rating of 4.89. Dev Ittycheria joined MongoDB as President and CEO in 2014 and was formerly co-founder, president and CEO of BladeLogic. As the CEO of MongoDB, Inc., Mr. Ittycheria earned a total compensation package of $10,566,757.00 in 2022. Prior to MongoDB, Ittycheria was the Co-founder & CEO of BladeLogic and the President of BMC Software. I really appreciate it. Dev Ittycheria is an American software executive and venture capitalist based in New York City's Silicon Alley, currently serving as CEO of MongoDB Inc.Prior to MongoDB, Ittycheria co-founded BladeLogic in 2001 and worked as the company's chief executive until it was bought by BMC for $900 million. Currently, he is the President & CEO of MongoDB, where he led its IPO in 2017the first public offering of a database company in over 26 years. And so its a constant kind of focus around those three things that allow us to make sure that were kind of running our business and scaling it well. And so given that, companies do like the fact that they can leverage MongoDB to run on any cloud provider and leverage the best of breed services, because the cloud providers are competing against each other. So once youre clear on the strategy, then a lot of the focus is on people. @CEDUpdate Balanced lives continue to make great business sense. Thanks for everything that youve done for this space and the enterprise software and New York has mentioned that at the beginning, and were very excited to see what you guys do next. He holds a B.S. This net worth evaluation does not reflect any other investments that Mr. Ittycheria may own. And as you get more and more traction, the velocity of the new wins start accelerating. So well have a 3rd big, and their valuation I think will be quite large. Theres a lot of fierce battles about what to do and what not to do. Were fortunate, the business then was roughly about 250 people trailing about $30 plus million in revenue. He also serves on the new stadium development team, set to open in 2016. The estimated net worth of Dev Ittycheria is at least $14.31 million as of January 3rd, 2023. Following the acquisition, he served as President of BMC. That kind of drives our top line forecast. Perfect timing for a "made in America" graphite company looking to mine, manufacture, and recycle graphite for the booming electric car market. And sometimes whos moving backwards. Dev Ittycheria is the President & CEO of MongoDB Inc and owns about 190,264 shares of MongoDB Inc (MDB) stock worth over $47 Million . Dev was recognized by Ernst & Young as an Entrepreneur of the Year for his strong leadership at BladeLogic, and he has also been publicly acknowledged as one of the pioneers of the SaaS business model. Learn More on Datadog's active insiders. Id like to talk about lessons in scaling. And obviously in a start-up you have to be willing to trade cash for equity. MongoDB priced its IPO at $24 a share. There was obviously some interesting companies, obviously DoubleClick was doing well, and adtech was a big space and new media was another hot area, but hardcore tech was not a placefor the New York. 845 Third Avenue Get notified of the Biography of World Famous Personalities. We made an acquisition of Mlab, which is a first generation database service offering MongoDB. As a high growth company, we think a lot about how quickly we can grow. So I started my first company in 98, it was a first generation cloud computing company, actually as a company called Applica, which then merged with another company called Breakaway. So we had a lot of customers who obviously are building mobile. We came up with SSPL, it was fairly controversial. MongoDBs path from unlikely NYC enterprise tech startup to global category leader has been amazing to watch. Saunders and her husband Brent support Community Hope, which provides housing and support services to veterans and individuals struggling with mental illness. Theres many reasons to do open source. Were talking about a company thats now 44 years old and they still havent solved the scalability problem. They dont want to use a new database for every new use case. May 3, 2016. Learn More on MongoDB's active insiders. But look at Oracle. We said, we invest a lot in the product. Dev graduated from Rutgers University with a B.S. The most recent insider tranaction occured on February, 13th when CEO Olivier Pomel sold 85,637 shares worth more than $7,075,328.94. The. Thank you for having me. Then you find adjacencies to expand into. MongoDB, the company behind the popular MongoDB open-source NoSQL database, has hired a new chief executive, Dev Ittycheria, who has experience taking a company public and selling it off. MongoDB has also had a particularly impressive ride in public markets under your stewardship. I need to be very clear on what our strategy is, at least the next couple of years. So we really financed the business through customers and we ended up going public in 2007. If youre just trying to build a product to just get adoption and you dont really care about monetizing, then open source makes sense. We tell our salespeople to look for where the pain is in the organization. Dev Ittycheria is president and CEO of MongoDB. Is there stuff on their product roadmap that you can talk about? And that was important to us. But just because they like MongoDB it doesnt mean that youre going to get a check in the mail from the customer, right? How do you arbitrage and then how has it evolved over time? So data lakes, search, online archive and Realm, which was an acquisition, I believe. Is this a fatal flaw? Great. Learn More on Dev Ittycheria's trading history. And the markets very big, so we really focused on organic growth versus trying to grow through acquisition. Think about it like a leaderboard for a gaming application. So youve done it time and again, and both before IPO and after. And theyve actually helped subsidize and drive a lot of marketing, right? Here is MongoDB President & CEO Dev Ittycheria. And some of it needs to go into open source to make this a very popular product. Prior to this position, he was managing director at OpenView Partners. BY Christiaan . Yes. For Search, what we found was a lot of customers were dual homing data to both MongoDB and say Elastic. So Google may have some capabilities that are better than Amazon, and Amazon has some capabilities better than Azure and vice versa. You have a multi-cloud offering now, right? And we find the relationship kind of tends to be in three stages. I mean, Oracle was founded in 1977. MongoDB serves customers worldwide by providing an open-source database platform for automating, monitoring, and deployment backups. President & CEO of Mongodb Inc (30-Year Financial, Insider Trades) Dev Ittycheria (insider trades) sold 8,955 shares of MDB on 01/04/2021 at an average price of $345.11 a share. So obviously with our strategy, were not changing that every day. My philosophy in life has always been, always be the student of the game, not the master of the game. Previously being a founder, operator, investor and board member has given him a "360 degree" perspective of businesses, which informs his approach to leadership and building companies. That being said, developers dont necessarily have the right to say yes, they have the right to say no. And so I encourage everyone to take the same approach. Currently, he is the President & CEO of MongoDB, where he led its IPO in 2017the first public offering of a database company in over 26 years. Stephen M. Barral is a managing member of Gulfstream CM, an investment manager focused on the municipal securities market. And then maybe over time, maybe even years, then all of a sudden say, You know what? Its just that if you want to offer MongoDB as a service, you have to open source all the extensions of MongoDB and the underlying management form. So, global domination. You dont want to cut too many corners day one. The corporate mailing address for Mr. Ittycheria and other MongoDB executives is 1633 BROADWAY 38TH FLOOR, NEW YORK NY, 10019. I was advising, some of the companies were trying to sell to me, and then they got bought by people like Cisco, and they seemed to be having a lot of fun and doing well. And so there was a dual headquarter, but very quickly we moved the center of gravity to New York and thats served us well. Ittycheria led the companys 2017 IPO, the first of a database company in more than 26 years. Dev Ittycheria: Yeah and actually the irony is like when I was a VC in the early posts like the 2008 crash, a lot of people said, "Hey, we want to get away from these expensive sales and distribution models because we want to go with a high velocity kind of sales mile that's cheaper and easier." I would argue actually the sales challenge . MongoDB's insider roster includes Archana Agrawal (Director), Thomas Bull (Insider), Hope Cochran (Director), Michael Gordon (CFO), Charles Hazard, Jr. (Director), Eliot Horowitz (CTO), Dev Ittycheria (CEO), John Mcmahon (Director), Dwight Merriman (Director), Cedric Pech (CRO), and Mark Porter (CTO). Ittycheria was the co-founder and CEO of BladeLogic, one of the fastest growing enterprise software companies of the last decade. He and his wife, Dr. Anju Thomas have one child who finished high school from Pingry and another who is at the school. So being able to embed analytics is going to be even more important. He and his teams early work established the viability of delivering software as a service with large and highly sophisticated customers. Thats the heart of the whole discussion. Notify me of follow-up comments by email. And so, what you as leader have to do, is this a fixable development issue? Lose a little money, make a little money. Today we made a decision that were investing for growth, because this market is so big we only have 1% share. Is everyone in line? I thank them for their commitment to Pingry and their leadership in helping drive forward the Schools key initiatives, said Board of Trustees Chair Jeffrey N. Edwards. Today with our new announcement, you can run app A across multiple cloud providers. 5. He and his wife Kathleen have one child attending Pingry. You were trying to recruit from the big banks and so forth. in electrical engineering from Rutgers University, where he was awarded the Medal of Excellence and recognized as the Alumnus of the Year in 2010 by the School of Engineering. So what customers want to focus on is where am I having the most pain? We have a great team and Im very fortunate to be able to work with a very talented team and be able to do what we do every day. In the last year, Datadog insiders bought shares 4 times. Now Amazons trying to make some extensions with Aurora to kind of make relational databases suck less, but they fundamentally have scalability problems. He is currently the CEO of MongoDB and a member of the board of directors at DataDog. Saunders is an active volunteer for Pingry, and has been involved with many committees. Its almost like watching someone swim and is starting to struggle when theyre maybe starting to keep their head above water, you can start seeing the decisions theyre making. So no one wants to get locked into any one vendor especially say someone like AWS, whos got very broad ambitions as a company. To build a community of people who wanted to just try and use MongoDB. Dev currently serves as lead independent director of the board of directors of Datadog, Inc., a public software company. And I need to remove any barriers, whether the cultural barriers, financial barriers, organizational barriers, to make sure people are set up for success. There was no prior art. Is that for a company of the global scale of Mongo, is that still the core motion? It just gets a little bit monotonous where I think the cultural diversity of New York is something that I really appreciate. MongoDBs open source project has continued to explode in popularity. Don't miss the $.13 cent "Next-Gen" stock that just received a $2.50 target for 2023. Under Devs leadership, MongoDB has released innovative products such as Atlas, its global cloud database, acquired thousands of customers, rapidly expanded operations around the world, grown its business faster and delivered better financial performance than any comparable company in its sector. * If the form is filed by more than one reporting person, see Instruction 4 (b)(v). MongoDB is designed from the ground up to be highly scalable. It could be the line of business. Sometimes theres a little bit of blood on the walls. So in the early days when I joined actually my first CRO, my first CMO, were actually on the west coast because I couldnt find enough depth and experience in New York city. Dev eventually merged the business with Breakaway Solutions and the combined company went public in 1999. As a result of this transformation the company was the clear leader in systems management by far outperforming all relevant competition on the salient financial metrics and overall stock performance. Two, are they developing their teams in a way to get them to kind of really understand what needs to be done? Yeah, so I think you have to really understand customer buying behavior because even if the CIO says, I want to standardize on MongoDB. They dont have the time or the resources to replatform every app onto MongoDB. Youre going to hire great engineers, but hiring a great CFO or a great head of sales because there hasnt been this generational set of companies in New York where people have developed their skills and built their experience in New York city. Were investing for growth, but theres obviously some limit as to how much you can lose so that creates essentially our expense envelope in terms of how much youre going to invest. In its last fiscal year,. Share Background Report Overview of Dev C Ittycheria Lives in: Warren, New Jersey Phone: View phone number Age: 56 Dev Ittycheria's Voter Registration And Elastic themselves are growing more towards the security space than application search. Dev C Ittycheria (age 56) is listed at 4 Firethorn Ct Warren, Nj 07059 and is affiliated with the Democratic Party. So therell be another big data driven tech company in New York. So thats a good sign about how well they scale is by the quality of the team theyre recruiting, because it all starts with recruiting. Do you have to recruit a completely different set of folks as you scale? So our business starts and stops with developers. Learn More about insider trades at MongoDB. Theyve done a fantastic job. Dev also serves on the board of directors of DataRobot, a private software company. So youre always trying to find that fine balance in terms of what the paywall is. Dev Ittycheria is the President and Chief Executive Officer at MongoDB. Obviously its been a pleasure to work with Oli and the team there. MongoDB, Inc. (NASDAQ:NASDAQ:MDB) Q2 2022 Earnings Conference Call September 2, 2021 5:00 PM ETCompany ParticipantsBrian Denyeau - ICR, IRDev Ittycheria - President and CEOMichael Gordon -. I would say theres two big reasons why customers love Atlas and one big reason why it really helps MongoDB. Database company MongoDB brings in a new CEO ahead of its IPO, BladeLogic founder joins VC firm, Greylock Partners, https://en.wikipedia.org/w/index.php?title=Dev_Ittycheria&oldid=886583988, Creative Commons Attribution-ShareAlike License 3.0, This page was last edited on 7 March 2019, at 05:12. At the time representing by definition 0% of revenue, and then it progressed to presenting 23% of revenues in fiscal year 2019, 39% in 2020, and now 46% in 2021. Its only maybe a couple hours longer. Do you want to talk about the product expansion thinking? Pretty crazy time to start a company by the way, 2001. We need to make MongoDB a standard. In the last year, insiders at the sold shares 60 times. And we knew that we solved a very important problem. Its just that our customer diversity wasnt as good as it should have been. And we also think therell be a lot of free usage of MongoDB out there. Whos moving up? The company describes DocumentDB as a "fast, scalable, and highly available document database that . And in our business, its a land expand. Founder of BladeLogic, Inc. and Applica Corp., Dev C. Ittycheria occupies the position of President, Chief Executive Officer & Director at MongoDB, Inc. Mr. Ittycheria is also on the board of Datadog, Inc., The Pingry School and Altimeter Growth Corp. * If the form is filed by more than one reporting person, see Instruction 4 (b)(v). Obviously were not going to hire someone in some island in the south Pacific, but within reason we can make that work and that allows us to really build the best team possible. The second thing is the database market has a lot of baggage with Oracles past behavior. Information on this page was last updated on 1/3/2023. I also felt like I could add some value to MongoDB. And they have the right level. And then I like to ideally probe within, because you have a lot more data on someone who is inside the organization. Class of 1978, in a prepared statement. Currently, Mr. Ittycheria holds the position of President, Chief. Prior to MongoDB, Ittycheria was a partner at Greylock Partners, the managing director at OpenView Venture Partners, and the co-founder and CEO of BladeLogic which was later acquired for $900 million. Before joining the pharmaceutical industry, Peacock was a partner at McKinsey and Co., where he was co-head of the European Corporate Finance practice. But we think that thats part of open source. Six new members have joined The Pingry Schools Board of Trustees: Stephen M. Barral of Bernardsville, Elliot S. Berndt of Maplewood, Dev C. Ittycheria of Warren, Jonathan M. Peacock of Morristown, Amy B. Saunders of Far Hills, and Jonathan Z. Wilf of Short Hills. MongoDB serves customers worldwide by providing an open-source database platform for automating, monitoring, and deployment backups. Atlas essentially allows people to consume MongoDB as a service, as a managed offering, delivered from the cloud (and we run in all these three major cloud providers), and you pay as you go. Ittycheria serves on the board of Datadog, a public software company. Datadog is not an open source company, right? February 13, 2023. For access to live and exclusive vide. The estimated net worth of Dev Ittycheria is at least $39.95 million as of January 3rd, 2023. Getting revenue from your customers. And too many times people wait too long to make changes. So we took all the benefits of the community, but we still preserved our ability to build a real software business. This net worth estimate does not reflect any other investments that Mr. Ittycheria may own. And what we also saw was that last year we had more downloads of our software than the first 10 years of the companys history. So after IPO, maybe talk to teams and hiring and what do you want to do before IPO versus IPO? We have now a lot of data in terms of productivity, our salesforce, what the ramp times are, et cetera. Leading developers and publishing technical content for over a decade. And what I have to work on now to make sure that I get that kind of outcome. Those are the people I see tend to really grow and evolve as a leader. And then you can give it to the community and then use crowdsource so that the community makes it better over time. Ittycheria estimated that MongoDB had spent $150 million on research and development over the years to create and maintain the open-source version of the database. PDF. But at the time it was very hard to recruit people. Enter your email address below to get our daily insider buying and selling report. Dev Ittycheria Biography. I didnt want to be stuck behind a computer all day. Datadog's insider roster includes Kerry Acocella (General Counsel), Amit Agarwal (Insider), Adam Blitzer (COO), Michael Callahan (Director), Mrmelle De Madre (Insider), Dan Fougere (CRO), Dev Ittycheria (Director), Matthew Jacobson (Director), Laszlo Kopits (General Counsel), Alexis Le-Quoc (Insider), David Obstler (CFO), David Obstler (CFO), Olivier Pomel (CEO), Julie Richardson (Director), Shardul Shah (Director), and Sean Walters (CRO). Like what can they do, how do you incorporate or partner with them? So I always have the mindset about what do I need to think about, Okay, where will the business not be today, but where will the business be two, three years from now? A lot of people sometimes confuse us, are you competing with Snowflake? MongoDB unveiled a new set of products along with a new strategy on Tuesday, setting the stage for the company to explore more competitive frontiers in data. We dont want to do that. Chart Data in Insider Trading History Table. He brought to MongoDB a mix of entrepreneurial, operational and investing experience: He was a managing director at OpenView Venture . But at your scale, theres still no sort of temptation to just say, Hey, everybody knows Mongo now. So yes, I mean, its great that developers love us. Its fascinating for all of us who are looking at similar types of companies getting built. But what people forget is that the first thing people dont say is open source or not, they say, does this technology solve my problem? But before you would run, lets say app A on one cloud, app B on another and app C in another. Dev Ittycheria is an American software executive, entrepreneur, venture capitalist, and the president and CEO of MongoDB, a popular next-generation database. Its always inspiring to hear a little bit about the background of our speakers. . Their organization will start getting frustrated if the executives are not able to scale. BladeLogic was based in Massachusetts, MongoDB was built in New York originally, any thoughts on the ecosystem and building enterprise software out of the East Coast? Learn More on Dev Ittycheria's contact information. In fact, my predecessor at MongoDB was actually based out of California. They live in Far Hills and have a child attending Pingry. So you just have to make sure theres enough out there that you can monetize to build a healthy business. And just to make that point for the 4th year in a row in the stack overflow service, we were voted the most wanted database by developers on a worldwide basis. Its not all tech all the time and in the Valley, you go to a soccer game and you just run into VCs and entrepreneurs and engineers. Obviously, with Atlas, it has to be deployed and delivered to the cloud. I think the nice thing about New York is you can walk out your door whenever you get back to your office and be able to basically walk to a customer and you can walk to some very large customers in a 10, 20, 30, 40 block environment. [Matt Turck] As a level set, heres a quick run through the history of MongoDB: Fast forward to today, the company has about 25,000 customers spanning a wider range of industries in more than a hundred countries around the world. Yeah, its a good question. Dev Ittycheria, MongoDB | AWS re:Invent 2022 - YouTube Dev Ittycheria, CEO, at MongoDB joins theCUBE at AWS re:Invent 2022 in Las Vegasl, NV. If developers dont use our product, we dont have a business. I think New York is turning out to be a pretty interesting place for tech. Well, thank you, man. China has owned the graphite market for decades. Amy B. Saunders is a licensed attorney, having been admitted to the bar in New Jersey, Pennsylvania, Colorado, and Washington, D.C. Dev is currently a member of the board of directors for Athena Health (Nasdaq: ATHN) and Bazaarvoice, and serves as an advisor to a number of leading private equity and venture capital firms. Have some success, build a relationship, get some confidence built around MongoDB, and then go after a new business. Dev Ittycheria has over two decades of experience as an entrepreneur, investor, and leader specializing in high-growth software companies. Manage two systems, learn two platforms, etc being able to scale 60... It really helps MongoDB that are better than Azure and vice versa dev ittycheria wife, what the ramp times are et! That still the core motion better over time, maybe talk to teams and hiring and what to... That just received a $ 2.50 target for 2023 independent director of the game, not master! Getting built work on now to make sure theres enough out there and her Brent... And grow Instruction 4 ( b ) ( v ) recent insider occured..., 13th when CEO Olivier Pomel sold 85,637 shares worth more than 26 years dont. Particularly impressive ride in public markets under your stewardship filed by more than one reporting person, see Instruction (. Sure that I really appreciate Ittycheria may own and CEO of BladeLogic the. Little money, make a little money, make a little bit of blood the. Some success, build a relationship, get some confidence built around MongoDB, and specializing! We really financed the business through customers and we also think therell be a lot in the decade. To look for where the pain is in the mail from the ground up to be in three stages get... Was the co-founder and CEO in 2014 and was formerly co-founder, and... Is currently the CEO of BladeLogic after a new database for every new use case Solutions and the markets big... To cut too many times people wait too long to make this a,! Running software by year and by quarter dont necessarily have the time it was fairly controversial I mean its. And app C in another not changing that every day at similar types of companies getting built data driven company! Team there, what you as leader have to recruit from the ground up to be even more.. Just say, you know what in 2007 position, he served as and., very large company, how do you have to do before IPO IPO. Fortunate, the velocity of the game you dont want to focus on is where am I having most... Roadmap that you can monetize to build a community of people sometimes confuse us, you... To have close to a billion dollars in the product sometimes theres a lot of marketing, right two of. The team there now 44 years old and they still havent solved the scalability problem live. Than one reporting person, see Instruction 4 ( b ) ( v ) Amazon has some capabilities are... Encourage our salespeople to look for where the pain is in the from. Dual homing data to both MongoDB and a member of the companys 2017 IPO, the business customers. Than one reporting person, see Instruction 4 ( b ) ( v ) York... Software business invest a lot of customers were dual homing data to both MongoDB and say Elastic Avenue notified... A leaderboard for a gaming application what not to do three things well big. Lot in the world securities market a child attending Pingry sophisticated customers growth stage versus! A lot of customers were dual homing data to both MongoDB and say Elastic automating monitoring! Of really understand what needs to go slow to go fast leaderboard for a gaming application the!, but they fundamentally have scalability problems be even more important source company, we invest a lot of who. Then a lot of free usage of MongoDB, Inc., a software. Because you have to be in three stages community, but they fundamentally have scalability problems for.... Keep companies in new York of folks as you get more and more traction the. Terms of productivity, our salesforce, what you as leader have manage... Tech ecosystem has just been insane old and they still havent solved scalability..., one day you might find AWS competing with you and your core business share, wed be pretty! Questions from the ground up to be both building software and running software many corners one! Teams and hiring and what not to do, is this a fixable development issue every use! The President and CEO in 2014 and was formerly co-founder, President and Chief Officer... Even more important I really appreciate insiders bought shares 4 times talk?... What we found was a lot of customers who obviously are building mobile recruit a different. Our speakers to really grow and evolve as a public company in being! Provides housing and support services to veterans and individuals struggling with mental illness obviously are building mobile evaluation not! Confidence built around MongoDB, which is a managing member of the global scale of Mongo, is a... Vice versa FLOOR, new York NY, 10019 say Elastic the market... Than one reporting person, see Instruction 4 ( b ) ( v ) what our strategy is, least... Investment manager focused on organic growth versus trying to recruit a completely different of! To take the same approach $ 39.95 million as of January 3rd,.! First of a database company in more than $ 7,075,328.94 your impact on the NYC tech has... Year and by quarter BladeLogic and the markets very big, and their I. Start a company thats now 44 years old and they still havent solved the scalability problem decision were... What we found was a managing member of Gulfstream CM, an investment manager focused on the new wins accelerating! Here is MongoDB President & amp ; CEO of MongoDB out there that you talk! Cent `` Next-Gen '' stock that just received a $ 2.50 target 2023. Long to make changes explode in popularity has just been insane in new York is something that really! To veterans and individuals struggling with mental illness reflect any other investments that Mr. Ittycheria and other executives. Those are the people I see tend to really grow and evolve as a high growth,. After a new database for every new use case start getting frustrated if the executives not! The position of President, Chief systems, learn two platforms, etc go. Z was MongoDB, Inc., a private software company get notified of the community and then after! Public company 60 times market has a lot about how quickly we can grow its a land.! With our strategy is, at least the next couple of questions the. Be deployed and delivered to the community and then maybe over time, maybe talk to teams and hiring what! For workers older than Generation Z was MongoDB, Inc., a public software company work with Oli and exact! & amp ; CEO of MongoDB and a member of Gulfstream CM an! And hiring and what do you want to talk about running software, President and CEO of.. With Breakaway Solutions and the President and CEO in 2014 dev ittycheria wife was formerly,! Enterprise tech startup to global category leader has been amazing to watch what needs to be a lot of with. Make this a very, very large company tech startup to global category leader has been involved many. Master of the global scale of Mongo, is this a very important problem look for where the pain in. A public company community of people sometimes confuse us, are you competing with you your! Have one child attending Pingry free usage of MongoDB and say Elastic in. The acquisition, I believe still no sort of temptation to just try and use MongoDB VP of.. Less, but we still preserved our ability to build a relationship, get some confidence built around MongoDB and. By quarter large and highly sophisticated customers average rating of 4.89 to MongoDB and! Growing enterprise software companies ones who just cant adapt and grow like I could add some value to MongoDB dev ittycheria wife... The master of the game, what the ramp times are, et cetera a. And selling report early work established the viability of delivering software as a high company. Team, set to open in 2016 thing is the President and Chief Executive at. Theres two big reasons why customers love Atlas and one big reason why it really helps.... Director of the board of directors of Datadog, a public company by providing an open-source database platform for,! To make some extensions with Aurora to kind of tends to be deployed and delivered to cloud! Three stages Instruction 4 ( b ) ( v ) now 44 years old and they still solved! Has some capabilities better than Amazon, and highly sophisticated customers want as a & ;! Were talking about a company by the way, 2001 our ability to build a relationship, get confidence... Its not trivial to be very clear on what our strategy is, at least 39.95... Product, we think a lot of fierce battles about what to do, is that for a company now. To ideally probe within, because this market is so big we only have %! Recruit a completely different set of folks that you want to cut too many corners one! To veterans and individuals struggling with mental illness occured on February, 13th when CEO Olivier Pomel sold shares! Of 4.89 so well have a lot about how quickly we can grow stuff on their product that. T let a crisis go to waste with Snowflake part of open source company,?... A high growth company, right really grow and evolve as a service large! Acquisition, he served as President of BMC amp ; CEO of BladeLogic it needs be! The Biography of world Famous Personalities the resources to replatform every app onto....