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We're not AWS, but: 1) we own physical servers and 2) we're profitable 3) have big public companies as customers.
by mrkurt 7y ago
We're not AWS, but: 1) we own physical servers and 2) we're profitable 3) have big public companies as customers.
- yingw787 7y agoOh woah, profitable and own physical servers? You guys are gonna be just fine :)
- maxmcd 7y agoPhysical servers in Vultr right? I believe your geo regions are the same.
- michaeldwan 7y agoSo far only Packet, but we'll be expanding soon edit: those regions are the same because it's the easiest set of cities to roll this out in :)
- OldHand2018 7y agoCongrats! I can see a lot of use cases for picking just a small subset of cities/regions and skipping Google/Amazon/Azure altogether.
- vikramkr 7y agoWeirdly I feel like the fact that you are profitable and have large customers could be as important a part of your customer pitch as it is your investor pitch - even if the tech is awesome that trust in the organization to stick around is super important (just look at the trouble around stadia haha). It's like those fintech companies that have "but how do we make money?" To make sure customers know "ok they can make money without screwing me over or ending up having to shut down"
- mayank 7y ago> 1) we own physical servers and 2) we're profitable 3) have big public companies as customers Ironically, these also make you a prime acquisition target (because the product idea rocks), which renders your long-term future unclear.
- mrkurt 7y agoI was at a company that got acquired before. It was so awful. I'd rather just work on this forever than get absorbed by a big company.
- optimiz3 7y ago> I was at a company that got acquired before. It was so awful. I'd rather just work on this forever than get absorbed by a big company. How do your investors feel about this / what's your exit plan?
- tossAsimov 7y agoWell, whoever buys them would like to keep the customers, as it is already a profitable business. So, even if they completely close the business, they should provide a way to migrate, as nobody likes to loose money/customers.