saumiktewari

They were #1 most sought in secondary marketplace (Hiive) for May? Is it the AI hype? Any HN users who've used it before?

The germ of an idea for what would become ThoughtSpot came to Singh when he noticed that people's ability to store data was really improving. Companies such as Aster and Hadoop (an open-source collection of software that uses networks of computers to process very large volumes of data) were starting to gain traction in the late-2000s.

On the other hand, how that data was delivered to the end users, who were often business users and not software professionals, was still very manual. One would need analysts and data experts to build dashboards, and “people had to wait weeks to get those answers,” according to Singh.

Traditional subscription model in SaaS is going through a massive upheaval as companies are determined to make every dollar count in the time of uncertainty, but what will replace it?

The shares of Databricks are available in the secondary marketplaces for around ~$52 a piece.

Any Databricks share holders (investors/ employees) here? Whats the vibe?

In the secondary markets, the stocks are also in demand, but due to the mix of dilution and increase in supply for the stock, the price has constantly fallen from ~$44 to ~$19 from September 2021 to April 2023.

Brex, after the collapse of SVB is looking to be the next most important financial institution for startups, but the competition is heating up- looking at you Ramp & Mercury.