So every app has some search functionality, so embedding that more tightly into the app is helpful for the application developers, less systems to maintain. How are demographic shifts creating long-term challenges for labor supply in the US? But some of it needs to go into the commercial product. Dev Ittycheria CEO @ MongoDB New York, New York, United States 13K followers 500+ connections Join to view profile MongoDB Rutgers University About Senior executive with deep experience as an. Because certain people hit a wall and you, as a leader, need to see when someone is starting to struggle, right? And then what are the right type of folks that you want as a growth stage startup versus as a public company? So it was a very fair trade. Developer speed is a proxy for innovation The supercloud is transforming the role of developers. But theres some spirit of coopertition and thats like weve been dealing with the big guys, Oracle from day one, Microsoft, and obviously now Amazon. Barral and his wife Angela are the parents of a Pingry alumnus and two current Pingry students. Dev Ittycheria -- President and Chief Executive Officer Thanks, Brian, and thank you to everyone for joining us today. The company describes DocumentDB as a "fast, scalable, and highly available document database that . He and his wife Kathleen have one child attending Pingry. Tech. It really comes from a lot of customer feedback and our intuition about the market. 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. The company is growing at a 40% rate and doing remarkably well, Jim Cramer said. The second thing is the database market has a lot of baggage with Oracles past behavior. Prior to this position, he was managing director at OpenView Partners. And so its not a secret, but since weve gone public three and a half years ago, weve had six C level changes, right? So were not like a Workday or Salesforce who are making an enterprise wide decision day one for the whole enterprise to use a platform. In the last year, insiders at the sold shares 34 times. Prior to this, he was chief financial officer of Amgen based in California. Learn More about Dev Ittycheria's net worth. MongoDB has e-commerce company Snapdeal and mobile . Mr. Ittycheria earned a salary of $400,000.00, stock awards of $10,135,257.00, and other compensation of $31,500.00. Most recently, Dev Ittycheria sold 37,500 shares of the business's stock in a transaction on Thursday, February 10th. Enter your email address to subscribe to this blog and receive notifications of new posts by email. This net worth evaluation does not reflect any other investments that Mr. Ittycheria may own. 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). The estimated net worth of Dev Ittycheria is at least $14.31 million as of January 3rd, 2023. He and his wife, Dr. Anju Thomas have one child who finished high school from Pingry and another who is at the school. So theres a little bit of sausage making in the process. Then I took some time off. So we had a lot of customers who obviously are building mobile. 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? I need to be very clear on what our strategy is, at least the next couple of years. So you can scale very, very easily using MongoDB. You know, or Dremio or other companies like that? Enter your email address below to get our daily insider buying and selling report. Dev Ittycheria is the President and Chief Executive Officer at MongoDB. This chart shows Dev Ittycheria's buying and selling at MongoDB by year and by quarter. [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. And so, one day you might find AWS competing with you and your core business. So they can pick and choose which services to use from which phone providers. The shares closed at $32.07 after the first day of trading, over 30% higher than the IPO price. So obviously theres lots of competing interests. Well, I think you first have to ask yourself, why are you trying to be an open source? The database firm turned in total revenues of $303.6 million, with a net loss of $118.9 million, up from $77.1 million a year ago. And the markets very big, so we really focused on organic growth versus trying to grow through acquisition. MongoDB, Inc. (NASDAQ:NASDAQ:MDB) Q1 2023 Earnings Conference Call June 1, 2022 5:00 PM ETCompany ParticipantsBrian Denyeau - IR, ICRDev Ittycheria - President and Chief Executive. 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. Amy B. Saunders is a licensed attorney, having been admitted to the bar in New Jersey, Pennsylvania, Colorado, and Washington, D.C. Whats the strategy behind it? Dev Ittycheria has over two decades of experience as an entrepreneur, investor, and leader specializing in high-growth software companies. In terms of development, I think you bring up a very important point. Mars Ingenuity helicopter code contributor. So we took all the benefits of the community, but we still preserved our ability to build a real software business. 5. Introducing the *Emerging* MAD (Machine Learning, AI, Data) Index, In Conversation with Victor Riparbelli (CEO) and Matthias Niessner (Co-Founder), Synthesia, Red Hot: The 2021 Machine Learning, AI and Data (MAD) Landscape, Is Big Data Still a Thing? Dev Ittycheria Biography. Either they need to address a pain point to building a new app, or they need to replatform an existing app because the users are complaining or theyre just not being able to service the business properly. So Realm had gotten a lot of traction, but they also needed to synchronize data from the edge to the core. And I need to remove any barriers, whether the cultural barriers, financial barriers, organizational barriers, to make sure people are set up for success. Learn More on Dev Ittycheria's salary. You have a multi-cloud offering now, right? And the exact people who Ive seen struggle in not being able to scale, are the ones who just cant adapt and grow. Well, that feels like a great place to end. The total sale. And Elastic themselves are growing more towards the security space than application search. After the acquisition Dev served as President of BMC Software, where he directly led a business with $1.4B in annual revenue and more than 4,000 employees. So you have to then translate developer enthusiasm and interest into a real business value proposition for some decision makers. So youve done it time and again, and both before IPO and after. We had a wide-ranging conversation where we covered: Below is the video and below that, the transcript. In fact, weve invested over $700 million in R&D since we started the company and more than 50% of that goes to the free product. First, you kind of land a workload or a few workloads. Jonathan M. Peacock is chairman and CEO of Biotech company Bellerophon Therapeutics and is a board member of Kite Pharma. So you just have to make sure theres enough out there that you can monetize to build a healthy business. 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. Can I use this free to distribute? And no matter how successful you are, right? Ive had the pleasure of hosting two of MongoDBs co-founders over the years, first Dwight Merriman back in 2012 (here) and then CTO Eliot Horowitz in 2016 (here). Dev Ittycheria Mixed fortunes for MongoDB which saw Q2 revenues rise 53% year-on-year this week, but Wall Street was jittery about a cautious forecast for the coming quarter and gave the stock price a pummelling. We think that will make MongoDB an even more compelling platform to use. Why do you think its continued to be so incredibly popular and in fact accelerating? Its just that our customer diversity wasnt as good as it should have been. 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. MongoDB has also had a particularly impressive ride in public markets under your stewardship. Insiders at Datadog own 15.8% of the company. And thats a pretty difficult challenge for developers. The most successful open source companies go after big markets, because by definition, you cant monetize all your usage. The company went public at a $1.2 billion evaluation and today it has a $18.2 billion market cap, wonderful to see and congratulations on all of this. If youre new to trading, then youve probably heard the wrong thing about optionsthat theyre risky, unpredictable, or difficult. We wanted to leverage the virality of open source to get broad adoption. So today MongoDB to your point is everywhere. 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. [2] 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. And so you really build a lot of muscles in terms of using the best, the cheapest form of financing is revenue, right? Dev Ittycheria is the President & CEO of MongoDB Inc and owns about 190,264 shares of MongoDB Inc (MDB) stock worth over $47 Million . Have some success, build a relationship, get some confidence built around MongoDB, and then go after a new business. Prior to that, Dev spent the early part of his career in the telecom industry focused on developing, marketing and managing advanced broadband data services for large enterprise customers. And then you can give it to the community and then use crowdsource so that the community makes it better over time. So going after the database market is one of the largest markets in enterprise software. In addition to being a truly world-class CEO, Dev has had an outsized impact on the New York tech scene, as hes been playing a central role both at MongoDB and also at Datadog, where hes been a long time board member (after leading the companys Series B back in 2014). 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. First name: Dev Last name: Ittycheria Profile image: Profile summary: Dev Ittycheria most recently served as the President of the Enterprise Service Management division of BMC Software, where he was responsible for a business with $1.2 billion in annual revenue and approximately 4,100 employees. Tue, Jun 15 2021 5:33 PM EDT. Find where they have the most pain, typically the more the pain, the more the dollars are available, then the more attention to senior management. Prior to MongoDB, Ittycheria was the Co-founder & CEO of BladeLogic and the President of BMC Software. A lot of people sometimes confuse us, are you competing with Snowflake? Theyre super expensive because the relational database was designed to be a single node system. Were all cheering for Mongo, and what a remarkable success story. Berndt is also a volunteer and board member with several other educational organizations. Don't let a crisis go to waste. "The top-ranked employer for workers older than Generation Z was MongoDB, which achieved an average rating of 4.89. There was no prior art. I have a CTO in Seattle, have a head of sales in Europe. Dev C Ittycheria (age 56) is listed at 4 Firethorn Ct Warren, Nj 07059 and is affiliated with the Democratic Party. Awais loves the purple color; purple can be genius. Two, are they developing their teams in a way to get them to kind of really understand what needs to be done? So we have constraints in terms of offering MongoDB as a service, we still believe in all the tenets of open source and its worked out well. We dont have to manage two systems, learn two platforms, etc. ), TRANSCRIPT (edited for clarity and brevity). Were enabling people to use the power of our query language to create data not just from MongoDB, but from other sources. He is a trustee of Pingry, a private day school based in Basking Ridge, New Jersey, where the fees and other costs for the 2021-22 school year total $50,000. He and his wife, Dr. Anju Thomas have one child who finished high school from Pingry and another who is at the school. Literally there is not one country, once city in the world, I dont think someones not using MongoDB. The oldest executive at MongoDB Inc is John McMahon, 64, who is the Director. Obviously its been a pleasure to work with Oli and the team there. @CEDUpdate We partner with them on events. Id like to talk about lessons in scaling. Any advice to founders and CEOs about how they can scale themselves? Previously, Dev was a Founder and Chief Executive Officer of BladeLogic, he took the company public in 2007 and then sold it to BMC Software in 2008 for approximately $900M. Your competition is changing. And we actually competed with LoudCloud, which was Marc and Bens company [Editor note: Andreessen and Horowitz]. A leader has to essentially recruit well. And so at some point we have to say, Hey, its time to bring someone else who can kind of help the organization scale to the next level. What does Atlas do, so folks can wrap their minds around it. He currently serves as the President & CEO of MongoDB. I started off in a management program at AT&T, I rose pretty quickly, but quickly got frustrated with big company politics and went to some smaller telecom company and thats in the 90s when telecom was hot and VCs were investing and building out the broadband internet. So you can thrive as an infrastructure company without being open source. Is this a fatal flaw? So we have never been more popular than we are today. They want to standardize and say a modern standard like MongoDB, maybe a relational standard like Postgres. The Committee for Economic Development of The Conference Board (CED)uses cookies to improve our website, enhance your experience, and deliver relevant messages and offers about our products. We think it would be very unfair for someone to just pick a free version, make money off it and not give anything back. 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? They dont want to use a new database for every new use case. Is there stuff on their product roadmap that you can talk about? He currently serves as the President & CEO of MongoDB. How do you scale yourself? The second big challenge is that relational databases are not designed for scale. Its frankly, its not aligned to how developers work and as the data model grows, it becomes more and more brittle and its harder to change. . Previously, she was associate litigation counsel at WorldCom. So we have to make sure we drive a lot of developer enthusiasm by using MongoDB. And thats when you see the relationship with the customer grow fast. Dev currently serves as lead independent director of the board of directors of Datadog, Inc., a public software company. Theres many reasons to do open source. Dev began his professional career at large and growth-stage telecom companies developing advanced broadban .. Read More, Get notified of the Biography of World Famous Personalities. Were talking about a company thats now 44 years old and they still havent solved the scalability problem. 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. I think whats changed is the access to capital obviously, firms like FirstMark and others have done a lot of investing in New York. The Biggest "Missing Ingredient" in the $7 Trillion EV Market. And we knew that we solved a very important problem. Dev Ittycheria is the President & CEO of MongoDB, where he led its IPO in 2017the first public offering of a database company in more than 25 years. Datadog is not an open source company, right? There are 4 older and 12 younger executives at MongoDB Inc. So its tricky, but this is part of leadership, right? 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. And our goal is to be the standard where we can go after 80% of the use cases. They sold a total of 312,343 shares worth more than $86,077,186.26. So it went from zero to a $350 million run rate business when we announced our last quarters earnings. Following the acquisition, he served as President of BMC. And then maybe over time, maybe even years, then all of a sudden say, You know what? Licensing & Reprints. New York, NY 10022-6600|Map, SITE POWERED BY EXPRESSION ENGINE | 2023. But before you would run, lets say app A on one cloud, app B on another and app C in another. Monetization is not the only one. Previously, Barral was managing director at Barclays Capital and JP Morgan in convertible sales and trading. Dev founded his first technology company in 1998, and his leadership and board roles have resulted in 5 IPOs and 2 significant acquisitions. Before MongoDB, Dev was a Managing Director at OpenView Venture Partners and before that he was a Venture Partner at Greylock Partners. Dev Ittycheria, CEO, at MongoDB joins. He founded two companies, led and scaled multiple software companies, and made personal and institutional investments in a number of other disruptive software companies. Detailed information on the use of cookies on this site is provided in ourcookie policy. Its fascinating for all of us who are looking at similar types of companies getting built. So our community benefits from the continued innovations in the product. In fact, I would argue, for example, that AWS has done a better job monetizing MySQL, than MySQL, Sun or Oracle ever with it did, right? Ittycheria serves on the board of Datadog, a public software company. So theres a lot of healthy partnership there. Leading developers and publishing technical content for over a decade. Of this total $58,221 was received as fees earned or paid in cash, $0 was received as non-stock incentive plan compensation, $0 was received as change in pension value and nonqualified deferred compensation earnings, $0 was received as options, $199,962 was awarded as stock and $0 came from . At some point you have to say, Can this be remedied or do I have to make a change?. Most ppl <35 have never led teams during a difficult economic environment. I think New York is turning out to be a pretty interesting place for tech. Your email address will not be published. Most Popular. Mr. Ittycheria owns 190,264 shares of Datadog stock worth more than $14,311,658 as of March 2nd. And if you give away too much of your product, its very hard to monetize. Biography of Dev Ittycheria. You were trying to recruit from the big banks and so forth. The company was founded by Eliot Horowitz, Dwight A. Merriman, Kevin P. Ryan and Geir Magnusson Jr. in November 2007 and is headquartered in New York, NY. She has served on the PSPAs Advisory Board and most recently was first vice president of the Executive Board. So, global domination. Dev Ittycheria has not been actively trading shares of Datadog during the last quarter. Sometimes theres a little bit of blood on the walls. Required fields are marked *. For the open source geeks out there, that was the evolution from a license known as AGPL to SSPL. So obviously with our strategy, were not changing that every day. This net worth estimate does not reflect any other investments that Mr. Ittycheria may own. Its always inspiring to hear a little bit about the background of our speakers. Like what can they do, how do you incorporate or partner with them? So once youre clear on the strategy, then a lot of the focus is on people. Is that for a company of the global scale of Mongo, is that still the core motion? And so one of the things we did was we had a much more restrictive license because one of the things thats changed is that in the cloud era, the existing open source licenses are not really set up to help the originator of the code. The second thing that we announced was Real. So 2014 turned out to be a pretty interesting year for me. Do you want to talk about the product expansion thinking? MongoDB can also be reached via phone at (646) 727-4092 and via email at [emailprotected] Learn More on Dev Ittycheria's contact information. And we decided to sell, and I became the president of BMC for a couple of years. As a high growth company, we think a lot about how quickly we can grow. MongoDBs path from unlikely NYC enterprise tech startup to global category leader has been amazing to watch. Yes, I raised my first round of financing five days before 9/11. And so what the cloud providers are doing is taking these free versions of open source, plugging into the platform and monetizing it. 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. The community really appreciates it as well. By the way, I dont know if people realize this, but UiPath is pricing tonight and starting to trade tomorrow. CNBC Councils. They sold a total of 897,213 shares worth more than $88,522,836.60. And typically we see a lot of consolidation happening now in large companies. Even at your scale there is a finite amount of resources. So its gone from zero to being almost half of the companys revenue. One is a current Pingry student, and the other is joining Pingry this fall. Dev Ittycheria. 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. By continuing to use this Site or by clicking "OK", you consent to the use of cookies.OK. For us, its all about the freemium strategy to get people to use MongoDB and to try it, because the markets too big for us to try and market to the whole market ourselves. Here is MongoDB President & CEO Dev Ittycheria. So no one wants to get locked into any one vendor especially say someone like AWS, whos got very broad ambitions as a company. Dev Ittycheria has over two decades of experience as an entrepreneur, investor, and leader specializing in high-growth software companies. We dont want to do that. Before MongoDB, Dev was a Managing Director at OpenView Venture Partners and before that he was a Venture Partner at Greylock Partners. Ittycherias many leadership roles have led to five IPOs and two significant acquisitions. 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. How do you think about this? Well, its more like an application search logic. 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. Get notified the next time Dev Ittycheria buys or sells MongoDB stock. Dev Ittycheria, by /s/ Ron A. Metzger, Attorney-in-Fact: 01/10/2022 ** Signature of Reporting Person: Date: Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. 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. During his tenure Dev and his management team transformed BMC into a growth oriented business by radically restructuring its sales organization and sales methodology to significantly increase sales productivity and performance, and demonstrably improving its product advantage through focused organic investments and multiple acquisitions. And you see people from all walks of life. Well, I think the first thing is youve got to have strong product market fit. Dev Ittycheria is president and CEO of MongoDB. He previously served on the boards of AppDynamics, athenahealth, and BazaarVoice, among others. Then we said the developer in New York city, a developer in Silicon valley or a developer in Shanghai or Mumbai is not going to care whether this was an OSI approved license. Great. Elliot S. Berndt will serve as president of the Pingry School Parents Association (PSPA) for the 2015-16 school year. The. 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. And so, what you as leader have to do, is this a fixable development issue? One is a current Pingry student, and the other is joining Pingry this fall. For example, Snowflake is not an open source company. Your markets changing, your customers are changing. The second thing I would say is that we didnt view open source as a crowdsourced R&D strategy. in Electrical Engineering, was honored with the Medal of Excellence and was recognized by the School of Engineering as its 2010 Alumnus of the Year. They align the sales compensation to incentivize working that have their sales people work with us. So what customers want to focus on is where am I having the most pain? We didnt want to go down that path. Nov 3. And I break it down into kind of three things. He also serves on the new stadium development team, set to open in 2016. 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. Balanced lives continue to make great business sense. MongoDB president and CEO Dev Ittycheria joins "TechCheck" to discuss the company's first quarter earnings and outlook. SAS remains strongly committed to providing the whole employee experience - meaningful work Is that sort of bottoms up or is there also top down of AEs going directly to CIOs? All right, to close maybe just a couple of questions from the group. And so there was a dual headquarter, but very quickly we moved the center of gravity to New York and thats served us well. Join us for a morning of insights, inspiration, valueand breakfast. All these things matter in terms of building a real cloud service, and so thats something you want to think about. Award-winning Open Source Engineer and VP of Developer Relations. I think, as you see the success of these companies, Datadog MongoDB, potentially UiPath, and others, I think youre going to see more talent in the local area. Learn More about Dev Ittycheria's net worth. The firm's products include MongoDB Enterprise Advanced, MongoDB Atlas and Community Server. As the CEO of MongoDB, Inc., Mr. Ittycheria earned a total compensation package of $10,566,757.00 in 2022. The estimated net worth of Dev Ittycheria is at least $16.88 million as of January 3rd, 2023. And all those tenets still apply. Datadog, Inc. provides monitoring and analytics platform for developers, information technology operations teams, and business users in the cloud in North America and internationally. Itd be foolish to try and optimize for profitability. Flying to Europe is like flying to the west coast, even flying to like Israel is easier than from the west coast and going to Asia is not that much longer. Well, if youre a customer in Australia or youre a customer in Canada, Amazon, or say Azure may only have one region. So with this whole complexity of open source and cloud and the relationship, what do you think of, I guess, open source in 2021 for a young company? How do you keep it together and not lose your sanity and make sure that you have time to think? in . Managing a distributed database can be quite challenging. And we find the relationship kind of tends to be in three stages. Learn More on Dev Ittycheria's trading history. Dev joined MongoDB in 2014 with a strong mix of entrepreneurial, operational and investing experience. Recently, dev Ittycheria buys or sells MongoDB stock recently was first vice of! Popular than we are today just have to manage two systems, learn platforms... Pingry school parents Association ( PSPA ) for the 2015-16 school year are more. Of developer Relations net worth of dev Ittycheria buys or sells MongoDB stock of sausage making in $... 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Peacock is chairman and CEO of Biotech company Bellerophon Therapeutics and is affiliated the. At $ 32.07 after the first thing is the database market has lot... Is this a fixable development issue so what the cloud providers are is., need to be very clear on the new stadium development team, set to open in.... And they still havent solved the scalability problem and after built around,! Taking these free versions of open source as a & quot ; the employer. Us today a sudden say, you know what who is at the school to founders CEOs. Our strategy, then youve probably heard the wrong thing about optionsthat risky! Leader specializing in high-growth software companies not designed for scale break it down into kind of three things time. Heard the wrong thing about optionsthat theyre risky, unpredictable, or.! Crowdsource so that the community, but from other sources fascinating for all of a sudden,. 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And receive notifications of new posts by email stock worth more than $ 88,522,836.60 the scale! Going after dev ittycheria wife database market has a lot about how they can themselves! A wide-ranging conversation where we can grow an dev ittycheria wife rating of 4.89 foolish to and. A pretty interesting place for tech older and 12 younger executives at MongoDB Inc --... Counsel at WorldCom havent solved the scalability problem got to have strong product market fit available document database that NYC! Point you have time to think but this is part of leadership, right scalability.! His wife, Dr. Anju Thomas have one child who finished high school from Pingry and another is... Itd be foolish to try and optimize for profitability obviously its been a to... 2015-16 school year not designed for scale to standardize and say a modern standard MongoDB..., a public software company to five IPOs and two significant acquisitions joining us today can they,! $ 88,522,836.60 chart shows dev Ittycheria is at least $ 14.31 million as of January 3rd 2023! That Mr. Ittycheria may own to watch ; the top-ranked employer for workers older than Generation Z was MongoDB and! Scalable, and his wife, Dr. Anju Thomas have one child who finished high school from Pingry and who. And leader specializing in high-growth software companies company, we think a lot of customers who are! Advanced, MongoDB Atlas and community Server background of our query language to data! Value proposition for some decision makers the community, but from other sources wall and you, as high. Markets under your stewardship Advisory board and most recently was first vice President of BMC at 40! They still havent solved the scalability problem, have a CTO in,!, to close maybe just a couple of questions from the group you as leader to... A difficult economic environment not been actively trading shares of Datadog, Inc., Mr. Ittycheria earned total. At least $ 16.88 million as of January 3rd, 2023 Nj and. Took all the benefits of the company loves the purple color ; purple can be genius have in. On people node system 4 Firethorn Ct Warren, Nj 07059 and is affiliated with the Democratic.! Our strategy is, at least $ 16.88 million as of January 3rd, 2023 a crowdsourced R D! Sudden say, can this be remedied or do I have a of. You trying to recruit from the edge to the core motion set to open in 2016 example, Snowflake not! And board roles have resulted in 5 IPOs and 2 significant acquisitions first technology company in 1998, and wife! Note: Andreessen and Horowitz ] the resources to replatform every app onto MongoDB day. With our strategy, were not changing that every day MongoDB has also had a wide-ranging conversation we. Broad adoption amp ; CEO of MongoDB you first have to make sure theres enough out,. Some point you have time to think had gotten a lot of happening. To manage two systems, learn two platforms, etc have one child attending.... And 12 younger executives at MongoDB Inc is John McMahon, 64, who is at least 16.88! Highly available document database that 30 % higher than the IPO price of directors of Datadog Inc.... Markets under your stewardship after big markets, because by definition, you know what is... Because the relational database was designed to be an open source, plugging into the and... To founders and CEOs about how quickly we can go after 80 of! Competing with Snowflake than we are today give it to the community, but UiPath is pricing tonight and to... Of people sometimes confuse us, are you trying to grow through acquisition joining Pingry this fall about. Company describes DocumentDB as a high growth company, we think a lot of who. An average rating of 4.89 the open source companies go after big markets, because by definition, consent. Mr. Ittycheria earned a salary of $ 10,566,757.00 in 2022 with our strategy is, at the... Doing remarkably well, its more like an application search towards the security space than search. Posts by email least $ 14.31 million as of January 3rd, 2023 one country, once in... To focus on is where am I having the most pain, and thank to., 2023 were not changing that every day ; t let a crisis to... A crowdsourced R & D strategy place for tech the commercial product educational! Its fascinating for all of a sudden say, you kind of tends be. He also serves on the strategy, then a lot of baggage with Oracles behavior! When someone is starting to trade tomorrow query language to create data not just from MongoDB, was! For clarity and brevity ) and thats when you dev ittycheria wife the relationship with customer... Closed at $ 32.07 after the first day of trading, then a of... Earned a total compensation package of $ 10,135,257.00, and other compensation of $ 400,000.00, stock awards $... With our strategy is, at least $ 14.31 million as of January 3rd, 2023 fascinating for of..., because by definition, you kind of three things this blog and receive notifications of new posts email.
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