On October 19, database purveyor MongoDB sold shares to the public above its range and enjoyed a 34% post-IPO pop. For its venture investors, this was a decent outcome since the company ended the day with a market capitalization of $1.6 billion -- which equaled its valuation in its most recent funding round. Before getting into the reasons to wait, let's look at MongoDB's IPO. In a mediocre result for its patient venture capital investors, MongoDB is now valued at $1.6 billion -- the same as it was two years ago when it last raised outside capital, noted TechCrunch. I first interviewed MongoDB's CEO four years ago and then interviewed a different CEO this May.

Source: Forbes October 20, 2017 11:37 UTC