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Re: Not quite Cloudera's formula
What do you think is more likely, Doug, the IPO or an acqusition?
Not quite Cloudera's formula
When Cloudera changed CEOs last year, former CEO Mike Olson became Cloudera's chief strategy officer and has stayed very much involved in technology leadership. Tom Reilly, the new CEO, was brought in as the new corporate leader, and they touted his experience in moving companies toward an IPO. At MongoDB, Schireson said he'll still be involved, but his successor will be CEO in every sense of the title, managing the company and leading tech as well as business strategy -- with input from two former CEOs, Schireson as vice chairman and Dwight Merriman, co-fouder and chairman.
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8/6/2014 | 1:28:45 PM
If MongoDB's venture backers are patient, they'll give it time to go IPO. If not, expect a deal, but in my book, independence would be the best path for MongoDB for now.