Asset Manager Investing in Global Technology Sector

We're an asset management firm allocating our capital into asset classes benefiting from technological innovation and applications globally. We serve as a family office of a tech professional who has spent over a decade as an entrepreneur, operator, and venture investor across Asia and the US.

Our small team is made up of diverse investment professionals who research, identify, and execute relevant opportunities. We occasionally share some of our investment memos, insights, and analysis here.

Friday, July 3, 2020

Q2.2020 - MongoDB: Consistent Enterprise Market Share Gains

  • MongoDB has an unrivaled leadership as the only evolving standalone player in the attractive NoSql and DBaaS spaces.
  • The EA offering proves to be reliable as an enterprise-grade solution. We expect stronger market share gains. Total customers with at least $100k ARR up by 30% in Q1.
  • Atlas will continue to benefit from the expected increased investment in the self-service channel in Q2 and beyond. We expect Atlas to make +50% of MongoDB's business at year-end.

We have a bullish long-term view on MongoDB (MDB), the provider of cross-platform document-based database solutions. The company has been relatively consistent in maintaining an exceptional +50% growth over the last few years, driven by its disruptive offering and the secular trends for NoSql and DBaaS (Database as a Service) adoptions across potential customers of all sizes.

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