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>> "I had built my position to 11%, but I cut it back to 8.1% after seeing how they are still wedded to open source ideology."

I'd actually do the opposite. Look, the core product of MongoDB, the database, itself is open-source, anybody can use it for absolutely free (but then they have to scale, manage it themselves). There is a very good chance that features in an open-source product will also be open-source, especially when they are related to cryptography such as Queryable Encryption. It's in MongoDB's interest to open-source the cryptography/algorithm of this feature to get wider crowd and industry experts in open-source community help strengthen it as new threats/bugs are discovered. I have confidence in MDB and Dev to continue to be able to monetize their excellent open-source offering via SaaS.

In today's world, open-source has tangible benefits even for the for-profit company that creates said open-source software; some of these benefits are explained in this recent Forbes article:
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