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Oracle is, unfortunately, extremely relevant, just in none of the places you care about. Your biases keep you from seeing it. In fact I was just recently invol
by busterarm 6y ago
Oracle is, unfortunately, extremely relevant, just in none of the places you care about. Your biases keep you from seeing it.
In fact I was just recently involved in some conversations that could see the spend of tens of millions on their Cloud platform and where they are seriously looking like the strongest contender on both the technical and the business side.
Second tier cloud providers should be extremely worried about Oracle eating their lunch. Eventually the big three might have to too...
- caslon 6y agoSilicon Valley's value is in innovation. Oracle doesn't innovate, and Amazon's in Seattle anyway. There's really nothing that matters as far as any of the cloud companies; they're valueless.
- busterarm 6y agoWas. Now it's just a myth that people perpetuate. What SV has now is a bunch of greedy people looking to give money to ideas. It's not that SV technologists are innovators anymore, it's just that they are in proximity to money. Now the business people and their greed and money are leaving SV en masse. What does it have left?
- caslon 6y ago"give money" This isn't what happens. SV worked fine before there was money there, they'll work fine after. No VC is going to stop throwing money with conditions at people in the Valley, because they're not stupid, and they know how to make more. They're just going to tell other people to leave.
- busterarm 6y agoCapital is cyclical and we're moving out of the phase that's favorable to VCs literally right now. We're in a consolidation period and winners/losers are going to be picked very soon. Funding has been slowing down a lot.
- caslon 6y agohttps://news.crunchbase.com/news/global-2020-funding-and-exit/ https://news.crunchbase.com/news/global-2020-funding-and-exi... Global VC Report 2020: Funding And Exits Blow Past 2019 Despite Pandemic Headwinds