Folks who joined darabricks. Around what valuation do you think it will IPO? Is there much upside from current valuation? How do you feel about databricks vs a major cloud vendor: Amazon/ Google? I’ve seen some high profile googlers move over to DB. The leadership, positioning, etc over there seem strong.
there actual valuation must be around 11-12B. so reduce ur stock comp by 69% and calculate
show the math and assumption, plz
It’s not about the math; whenever you assume anything, you always have to use the number 69 somewhere in that assumption.
Is Darabricks a new company?
yea by D Khos
Betting we will follow or pass Snowflake within 2-3 years. Expect a $50-100B valuation by then.
That’s what we thought about Uber when we all joined pre-IPO. Turned out to be a money pit
Why compare low margin logistics biz with a high margin saas business. Ubers competes on price/eta, but DB's product is much more differentiated and has more pricing power
As a L6+ Googler joined at 28B, I’m happy here and confident about the company.
You joined from google, does not mean anything?
@Roku they simply mean that they dony see much loss on any of TC, culture, work, wlb aspects as compared to Google.
DB may do great in the future but not a lot of companies will need their product if there is a recession and want to cut costs
Agreed.
Ain't it actually a recession that warrants the user of such tools? DB tools are essentially for business analytics and customer targeting.
One trick pony right now. If customers can’t extract the business value from their platform on top of services already provided by any of the 3 cloud providers you’ll see a retraction in investing on their platform as that’s typically discretionary money that is not committed.
🥚 xactly
We're literally offering alll tricks. Please educate yourself before posting inaccuracies.
Current valuation should be around ~9B
I love that people are pulling numbers out of their asses. We'll do fine.
@slimsadie I have my phone screen next week. Can I dm you to know more about the prep? Just want to know if LC grind is all I need or should I be prepared with more of ood / concurrency type questions
These responses are fantastic and demonstrate why you should never take advice on preipo from blind.
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My bet: they will IPO in the next 18-24 months, however, the market still will not reward unprofitable growth. Their valuation 2 years out will be less than $20b
That's very low and unjustified. Take a look at snowflake and datadog valuations.
@slimsadie my opinion is not an indictment on the company or it’s value to the market, but the rerating that all tech will eventually go through. I’m rooting for you guys.