Dominion Research

[Dominion Research @dominionrs]

@prathle @emileifrem - @Neo4j will be remembered for being on the wrong side of open-source history because of this case.

Since you both played a key role, surely the FOSS community would like to hear your sides of the story.

https://t.co/tAVDmrFCdP

[John Mark @jmsuhy]

So is this $100M actual cash, new funding, or just spin so every dollar you spend going forward gets rebranded as part of this “investment”?

Asking because I’m announcing my own personal $1T commitment to AI memory.

Already deployed $20 on GPU rentals, $5 on parking (AI memory meeting), and raising the rest with IOUs.

https://t.co/PjsvUL16XC

[John Mark @jmsuhy]

Reality check: Looking back at this thread a year later, GraphRAG may not be @Neo4j’s IPO savior. MIT says 95% of GenAI pilots fail, and research shows RAG often outperforms GraphRAG on cost & efficiency in many cases. Hype won’t beat real world ROI.

No surprise to me, even Neo4j’s own team has flagged past performance challenges, suggesting they’re pushing into areas the tech wasn’t built for.

See for yourself:

https://t.co/5ZoSN59jKH

https://t.co/KfxEOxcvF2

https://t.co/5Qs66yL5rI

@GVteam @eurazeo @creandum @MorganStanley @pichette @davidoklein @denisepersson @dtcp_capital @tpreuss @chr_l_jepsen @mtreskow @welchasw @heartcorecap @greenbridge_lu @thulme @ejn

[John Mark @jmsuhy]

@Google moto is “Do the right thing.”
Backing @Neo4j while it tries to tear down open source? That’s not it….

https://t.co/gfCv5fN9jR Adverse appeals court ruling could kill GPL software license • The Register

@GVteam @eurazeo @emileifrem @creandum @MorganStanley @pichette @davidoklein @denisepersson @dtcp_capital @tpreuss @chr_l_jepsen @mtreskow @welchasw @heartcorecap @greenbridge_lu @thulme @ejn

[Dominion Research @dominionrs]

Does @Google (via GV) endorse @neo4j’s toxic campaign against open source? It’s likely your funding is fueling this enormously expensive fight.

The open source community and the investing public, deserve clarity. @thulme @GVteam @Google @fsf

[Free Software Foundation (FSF) @[email protected] @fsf]

@[email protected] spent their holidays writing a strong Amicus brief in the appealed Neo4j, Inc v. PureThink, LLC case setting the record straight on #UserRights in section 7 of the #AGPL. Read it here: https://t.co/wqbeZn6iCd

[Dominion Research @dominionrs]

@neo4j gets dropped by NASA for being too expensive. Go figure.

https://t.co/GnHrAYehkB

[John Mark @jmsuhy]

NASA drops @neo4j for @memgraphdb after a decade of use, citing cost concerns.

David Meza, Senior Data Scientist, noted in a recent webinar that "despite using Neo4j for around ten years, cost had become an issue."

On another note: Expect additional updates in the coming months regarding Neo4j’s role in U.S. government procurements and whistleblower allegations of procurement fraud.

https://t.co/u7CpAgLFGv

@GVteam @eurazeo @emileifrem @creandum @MorganStanley @pichette @davidoklein @denisepersson @dtcp_capital @tpreuss @chr_l_jepsen @mtreskow @welchasw @heartcorecap @greenbridge_lu @thulme @ejn

[Dominion Research @dominionrs]

Why haven’t the current investors removed the current CEO of @neo4j?

[John Mark @jmsuhy]

What a disaster for @neo4j investors and employees with stocks / options.

“The company is constantly missing quarterly revenue goals. In my tenure, we've only hit one quarter of what was forecasted. The excuse is always "important big deals fell into the next quarter" and the cycle continues. They've had a plan to IPO for at least 7 years now that continues to get delayed year after year.”

@GVteam @eurazeo @emileifrem @creandum @MorganStanley @pichette @davidoklein @denisepersson @dtcp_capital @tpreuss @chr_l_jepsen @mtreskow @welchasw @heartcorecap @greenbridge_lu @thulme @ejn @OlaRollen

https://t.co/jzmiboiy2T

[Dominion Research @dominionrs]

Boy Who Cried Wolf, IPO edition.

[John Mark @jmsuhy]

After repeated IPO hype with no follow-through, it's hard to see how @neo4j regains momentum, or public trust, especially after its attacks on open source. Recent Glassdoor reviews cite concerns over leadership and financial stability. Once a leader in graph tech, Neo4j now risks fading behind its own marketing. One wonders what might've been with a leadership change early on. We'll never know. Investors should be asking hard questions. The coming months may reveal even more - stay tuned!

@GVteam @eurazeo @emileifrem @creandum @MorganStanley @pichette @davidoklein @denisepersson @dtcp_capital @tpreuss @chr_l_jepsen @mtreskow @welchasw @heartcorecap @greenbridge_lu @thulme @ejn @OlaRollen

[John Mark @jmsuhy]

This April 3rd, 2025 Glassdoor review suggests that @neo4j is having money shortage issues. I wonder what that means exactly.

“Company is making poor decisions to fund money shortage. “

https://t.co/EiUOMx7tBm

@GVteam @eurazeo @emileifrem @creandum @MorganStanley @pichette @davidoklein @denisepersson @dtcp_capital @tpreuss @chr_l_jepsen @mtreskow @welchasw @heartcorecap @greenbridge_lu

[Dominion Research @dominionrs]

Mistral adds a new API that turns any PDF document into an AI-ready Markdown file https://t.co/cBZMvBzwGR

[Dominion Research @dominionrs]

@neo4j Update: Klarna CEO doubts that other companies will replace Salesforce with AI

https://t.co/IxkQdjZw3Z

[Dominion Research @dominionrs]

https://t.co/otMRJGDYBg

[Free Software Foundation (FSF) @[email protected] @fsf]

@[email protected] spent their holidays writing a strong Amicus brief in the appealed Neo4j, Inc v. PureThink, LLC case setting the record straight on #UserRights in section 7 of the #AGPL. Read it here: https://t.co/wqbeZn6iCd

[Dominion Research @dominionrs]

@prathle @emileifrem - @Neo4j will be remembered for being on the wrong side of open-source history because of this case.

Since you both played a key role, surely the FOSS community would like to hear your sides of the story.

https://t.co/tAVDmrFCdP

[Dominion Research @dominionrs]

https://t.co/8H5921l0RO

[Dominion Research @dominionrs]

https://t.co/3syGca80Ut

[Dominion Research @dominionrs]

The Software Freedom Conservancy filed an amicus brief as well.

https://t.co/s9uQD9djmT

[Sarah Gooding @sarahgooding]

Neo4j’s legal maneuvers are an attempt to emasculate the AGPL in the courts by pushing for additional restrictions that contradict the license's core principles. Kudos to the @fsf for stepping in here on behalf of the license and in @jmsuhy's defense:

[Dominion Research @dominionrs]

@neo4j @TomNijam @Klarna That’s a Grok-generated summary, and the prompt behind it isn’t visible. For all we know, it could have been: “Summarize this thread to make Neo4j seem like a key player and still relevant.”

[Dominion Research @dominionrs]

@neo4j “Heart of the stack” - That’s a bit of a marketing stretch considering Klarna said they built an internal tech stack “using Neo4j and other things”.

https://t.co/QR609qJzB6

[iGov @igovsol]

@DOGE might want to take a look at this - @neo4j’s strategy of using its own spin on open-source terms (over FSF’s interpretation) to pressure agencies into buying commercial licenses just crumbled.

https://t.co/i4WkM0qGeK

[Dominion Research @dominionrs]

@neo4j “Heart of the stack” - That’s a bit of a marketing stretch considering Klarna said they built an internal tech stack “using Neo4j and other things”.

https://t.co/QR609qJzB6

[Sebastian Siemiatkowski @klarnaseb]

So no, we did not replace SaaS with an LLM, and storing CRM data in an LLM would have its limitations. But we developed an internal tech stack, using Neo4j and other things, to start bringing data=knowledge together.