Don't Rush into the MongoDB IPO

MongoDB (MDB), one of the biggest names in NoSQL databases has gone public! Investors rejoice as the stock shoots up over 30% in its debut on the NASDAQ last week, putting it’s market cap at over $1.5 billion. In a CNBC interview with CEO Dev Ittycheria on IPO day, he claimed that MongoDB sees itself as a partner to cloud giants like Amazon and criticizes traditional database technologies as archaic. The company also touts the Stack Overflow survey of 64,000 developers that reported MongoDB as their preferred database to work with. For the average retail investor potentially looking to jump on the MongoDB ship, there are a few contextual points you will want to understand with regards to these comments. Unless you work with both NoSQL and traditional relational databases (RDBMS) on a daily basis, there will likely be knowledge gaps you will want to fill before deciding whether or not to invest. First, a three sentence description of SQL and NoSQL . SQL - involve...