4 ms·
> In October 2019, we entered into a 36-month contract with AWS for hosting-related services. Pursuant to the terms of the contract, we are required to spend a
by ram_rar 5y ago
> In October 2019, we entered into a 36-month contract with AWS for hosting-related services. Pursuant to the terms of the contract, we are required to spend a minimum of $15 million within each contract year for three years. As of December 31, 2020, we had $17 million remaining on the commitment.
Seems like there are managing their opex fairly well. But, I wonder for every customer dollar spent on Amplitude, how many cents directly goes to Amazon?
- ctvo 5y ago> But, I wonder for every customer dollar spent on Amplitude, how many cents directly goes to Amazon? What would this tell you?
- carlineng 5y agoGross Margin for Calendar Year 2020 was around 71%, so no more than 29c.
- alberth 5y ago> "Seems like there are managing their opex fairly well." Are they? They signed a $45M TCV (which equates to $1.25M per month). In a span of 14 months (Oct'19 - Dec'20) they spent $28M ($45M - $17M remaining), which equates to $2M/month in AWS spend.