[vc_row][vc_column][td_block_text_with_title custom_title=”Company Description” tdc_css=””]
MongoDB
Incorporated in 2007 under the name 10Gen, and launched the Server in 2009, MongoDB is a database software provider.[/td_block_text_with_title][td_block_text_with_title custom_title=”Business Model” tdc_css=””]MongoDB generates revenue primarily from sales of subscription/software of MongoDB platform and hosted database-as-a-services (DBaaS) solutions. The company also derives revenue from post-contract support, training and consulting services.[/td_block_text_with_title][td_block_text_with_title custom_title=”IPO History” tdc_css=””]On 10/19/2017, MongoDB went public on Nasdaq led by prestige banks including Morgan Stanley, Goldman Sachs, Barclays and Allen & Co. The stock was priced at $24.00, above the boosted marketed range of $20.00 to $22.00. With a full subscription of 8.0 million offered shares and the 15% over-allotment option fully exercised, MongoDB was valued at $1.20 billion at offer. MongoDB opened at $33.00, a 37.5% pop from its offer price, and finished the first day with a 33.63% initial return. MongoDB was included in the IPOX® 100 U.S. Portfolio on 12/21/2018 and currently weighs circa 0.74% of the portfolio.[/td_block_text_with_title][td_block_text_with_title custom_title=”Historical Performance” tdc_css=””][/td_block_text_with_title][td_block_text_with_title custom_title=”Growth Outlook” tdc_css=””][/td_block_text_with_title][td_block_text_with_title custom_title=”Industry Comparison”][/td_block_text_with_title][vc_row_inner el_class=”tablescroll”][vc_column_inner el_class=”tablescroll”][vc_column_text el_id=”tablescroll”][table id=6 /][/vc_column_text][/vc_column_inner][/vc_row_inner][td_block_text_with_title custom_title=”Other Competitors” tdc_css=””][/td_block_text_with_title][vc_column_text][table id=7 /][/vc_column_text][vc_empty_space][/vc_column][/vc_row]