Sramana: When did you join the company? Max Schireson: I joined just at the beginning of 2011. Sramana: Did you join the company as the CEO? Max Schireson: I joined as the President. I did that for a while and then I was appointed CEO. Sramana: What were the highlights of 2011 to 2014? What
Sramana: What was it about MongoDBs database platform that was unique? You said that you believed for seven years that the world needed a new database. What did you see in MongoDB that made you believe it was the answer? Max Schireson: Fundamentally, I believed the world needed a new database that would do two
Sramana: When you were looking to join MarkLogic, what did you feel was the killer app opportunity for the company? Max Schireson: At the time that I joined, they had one customer who was a really good customer Elsevier, who was the world’s largest scientific, technical, and medical publisher. The idea was that the initial
Sramana: Tell me a bit more about the founding of MarkLogic. What was going on and how did you get hooked up with those people? Max Schireson: The founders were Paul Pederson and Chris Lindblad. They had been search engine engineers and they realized that they could apply some of the technologies of search engines
Sramana: Oracle must have been a difficult place for you with that psychology. Max Schireson: I liked it because I got to work with a lot of smart people and I got to learn a lot. I also got to work on a lot of different things. I think that Oracle was a much better
If you haven’t already, please study our Bootstrapping Course and Investor Introductions page. The technology startup market is red hot in 2014, and private company valuations have sky-rocketed. MongoDB has raised over $200 million, and is trying to disrupt the Database market. The company they see most often in deals is Oracle. A very interesting case study of a
Sramana: Was Terapeak based in Toronto as well? Kevin North: No, it was based in Victoria, BC. It was on Vancouver Island. Sramana: What was the financing strategy of the company before and after?
Sramana: What was the state of the company when you came in? Kevin North: There were some really good people who had been making great technology. The founders were great and they understood Big Data very well. The only issue was that their organization was not scalable. The goal was to turn it into a