Future of MongoDB
As a programmer and investor, I was surprised to find out that 
MongoDB is public. I've used their services a lot, in summary; it's a great platform, great documentation for new users, easy setup and a large capacity for scalability.
Their recent downturn can easily be explained from investors backing out of risky positions a.k.a tech stocks. I can easily see why someone scared of losing money would discard of their positions in a company which still hasn't turned a profit.
It's most definitely a risky buy, yet it's future seems prosperous. With so many businesses going online and offloading all their archaic systems in favor of new technologies, the need for database providers is on the rise. I don't recommend betting to much on the company, but missing this opportunity would be quite a miss.
MongoDB is public. I've used their services a lot, in summary; it's a great platform, great documentation for new users, easy setup and a large capacity for scalability. Their recent downturn can easily be explained from investors backing out of risky positions a.k.a tech stocks. I can easily see why someone scared of losing money would discard of their positions in a company which still hasn't turned a profit.
It's most definitely a risky buy, yet it's future seems prosperous. With so many businesses going online and offloading all their archaic systems in favor of new technologies, the need for database providers is on the rise. I don't recommend betting to much on the company, but missing this opportunity would be quite a miss.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.