Sramana: It sounds like your thesis is that you want to get adoption and your assumption is that your free customers are eventually going to monetize. Is that correct? Max Schireson: I suspect that most of them will not. That is OK because a lot of them will. The big banks and government agencies pay.
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