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Speaking of companies laughing at competitors they shouldn't, my father has a great story from his time at IBM. He was in a meeting where they were talking abo
by apozem 8y ago
Speaking of companies laughing at competitors they shouldn't, my father has a great story from his time at IBM.
He was in a meeting where they were talking about Amazon Web Services, which had just launched. He said an IBM executive called it "stupid" and asked, "Who would ever pay for a server with a credit card?"
This blew my mind, because now that AWS is crushing IBM's cloud offerings, the answer to his question is tons of people.
- notatcomputer68 8y agoThe transaction cost of fully automatic flow and pay with credit card is unbeatable. For a big project it may not matter but for a small one it does.