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I had a $200,000 bill on AWS last week. I made a support query and got it removed. I could have written a suicide note, but then I didn't. It actually never cr
by vmception 6y ago
I had a $200,000 bill on AWS last week. I made a support query and got it removed.
I could have written a suicide note, but then I didn't. It actually never crossed my mind. It was so inconsequential that I was prepared to just move my static website off of that S3 bucket into another AWS account bucket, and remove my credit card which prompts Amazon to just terminate the account. If it went to actual collections I would have been ready to discharge it and deal with the consequences of not being able to get airlines miles on a premium credit card for a few years.
In 2020, this is considered tone deaf.
- gonzo41 6y agono it's totally fine. In fact I think that knowing that if you send a groveling email to aws support they'll generally give you a hand should be on their developer doco.
- dx034 6y agoThe difference is this money would've gone to AWS. They could wave it without much of an issue. The counterparty for the option wasn't Robinhood but some other trader. The loss (if it ever existed) has to be paid by either the client or Robinhood. You can't just remove it. And for $700k many companies will go to great length to recover at least some of the money.
- vmception 6y agoWhile the similarity is that the Robinhood and Amazon losses were UI novelties which were both promptly resolved. And you are missing that brokers routinely settle for much lower amounts in bad trades.