Well they've not got $1.2bn, they've got $150 million. There is nothing to say that they will be able to float or get bought at a similar valuation.
I can't see any of the investing arguments for MongoDB that even Facebook had. The whole space is full of competition for starters.
That's what I meant - I was congratulating them on getting the $1.2bn valuation. Agreed that there is a lot of competition and little certainty out there, though.
