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Another thing I noticed that adds to this point; the investors (well their tech DD people) seem to really push this. I have seen more and more teams not advanci
by tluyben2 6y ago
Another thing I noticed that adds to this point; the investors (well their tech DD people) seem to really push this. I have seen more and more teams not advancing to the next round because they wanted (with good reason imho) to engineer their own tech than 'just go with aws' blindly. AWS costing literally over 10x (that's lowballing, more often 20-30x and sometimes 100x) as much. As a startup, that's not always the best choice imho, but I see people getting forced into it as investors (again, their tech dd peeps) reason that it scales better than people (it does, but that's usually not needed at all at seed and even far beyond for many types of businesses) but in that, they lose sight of that these skilled people might not join at all because the money you could've paid them in the early days to get/keep them on board, now disappears into the cloud. It seems most investor's (here in the EU at least) dream to run companies with only MBA's and this is a solid step in that direction.