Is MongoDB a dying company? Saw they’re only projecting 13% growth — which is super low for a company with such a high valuation.

Is NoSQL going out of fashion?

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Compared to what? Google, Apple , etc have been growing at a lower rate than that this year.

Those companies have much larger scale and are trading at more reasonable revenue multiples (5x) vs. MongoDB at 14x

That is the industry standard CAGR. And MongoDB is fine noSQL option like PostGreSQL is to mySQL or any other SQL DB. Market is saturated with these in a variety of ways. It’s about use cases… and most enterprise companies have more than one data platform.

I’m hearing IT spend has been impacted for the last few quarters. Just a rumour, you might wanna check it out .

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