Editor's note: Amazon's DocumentDB has never included any MongoDB source code.

When Amazon (AMZN -2.56%) launched DocumentDB, its new database service, in 2019, some thought it would be a MongoDB (MDB -2.41%) killer. Mongo shares plunged on the news, but the company responded, and posted its fastest growth in over a year in the second quarter, showing that worries about Amazon were nothing more than that.

In this episode of "Beat and Raise" recorded on Sept. 3, Fool contributors Jeremy Bowman and Brian Withers discuss how MongoDB responded to the Amazon threat.

10 stocks we like better than MongoDB
When our award-winning analyst team has a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.*

They just revealed what they believe are the ten best stocks for investors to buy right now... and MongoDB wasn't one of them! That's right -- they think these 10 stocks are even better buys.

See the 10 stocks

 

*Stock Advisor returns as of September 17, 2021

 

Jeremy Bowman: One thing I like about them too, I mentioned Amazon (AMZN -2.56%) before, Amazon introduced their own DocumentDB, their competitor for MongoDB, a couple of years ago, and that shifted the stock a bit. Anytime Amazon enters a market, investors get scared. But I think the company, certainly based on the latest round of results, the growth in Atlas has shown that it doesn't really matter, they work with AWS as well. I think we've seen a lot of stocks like Etsy and Shopify, are two that come to mind, that fended off challenges from Amazon and have gone on to do good things. That's another reason why I'm encouraged about MongoDB, especially after the 26 percent jump. Like today, I should mentioned, I do own some shares in the stock.

Brian Withers: Awesome. Hey, Jeremy, let me make a comment on that. You brought up the Amazon thing. That's quite in our rear view mirror now with MongoDB. I remember when Amazon came out, initially, MongoDB was open source. Amazon being Amazon took their open source and started hosting it and charging customers for it. Luckily, that version of MongoDB, they've fixed that version. That's the last version that customers can use open source. They've significantly upgraded it since then and made the transactions. There's some key quality pieces that customers look forward to run enterprise applications. It's called ACID, A-C-I-D, and it stands for four different specific quality things. I unfortunately can't remember all of them right now. But basically, it makes sure that if you move data from here to here, it's subtracted out on one side and added in on the other side, and it doesn't appear in both places. That was a key upgrade for Mongo. It seems like since then, they haven't looked back.