back to article MariaDB uses SPAC to begin NYSE trading in a tough market for public offerings

MariaDB has celebrated going public a few weeks before the end of a year which has seen a dramatic shift in the fortunes of tech companies raising money on the world's stock exchanges. Earlier this week the database company, which has built cloud services on a fork of MySQL, announced the start of trading of its shares on the …

  1. VoiceOfTruth

    So now that MariaDB is just another corporation

    Why am I supposed to use it? Initially it was forked due to very misplaced ideas about what Oracle would do with MySQL. Now it joins the corporate ranks.

    I've got the code, you've got the brains. Let's make lots of money.

    1. emfiliane

      Re: So now that MariaDB is just another corporation

      Random Pet Shop Boys allusion made my entire night.

    2. werdsmith Silver badge

      Re: So now that MariaDB is just another corporation

      I don't know any reason to chose it over Postgres anyway.

  2. Anonymous Coward
    Anonymous Coward

    I hope...

    that the SPAC they used works out better than the one Donald J Trump used with Truth Social which is close to going bust big time.

    Then the question is...

    How long before they start charging a licence for using it? IF they do then a lot of work will have to be done to remove it from a lot of GPL-compliant distros.

    1. Charlie Clark Silver badge

      Re: I hope...

      Dual licence just like MySQL was.

  3. Charlie Clark Silver badge

    Weird concepts

    With the market conditions, it's going to be damn hard for startups that don't have a business model …

    You'd expect it to be hard at any time for a company without a business model to get funding. Except that's just how the underpant gnomes of Silicon Valley expect everything to work: shower someone with lots of other people's money and the business model will come eventually. Fucked up!

  4. sebacoustic

    Larry E

    Maybe Oracle will buy it and run it to the ground to eliminate a competitor? Yes sure it's GPL but they could throw sand into the development gears...

  5. Anonymous Coward
    Anonymous Coward

    Is he taking the piss? Did he not learn the first time with MySQL & Oracle?

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