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But when AWS started with s3 the stakes were small and they already had the technology. It was a natural, low stakes attempt to diversify. They didn’t bet the f
by spookthesunset 4y ago
But when AWS started with s3 the stakes were small and they already had the technology. It was a natural, low stakes attempt to diversify. They didn’t bet the farm on AWS it just kinda happened organically. At least that is my assumption, I could be wrong.
FB is betting the farm on a completely new technology with almost no user validation or product market fit. It’s incredibly higher risk than Amazon expanding into AWS.
- tinyhouse 4y agoI agree Amazon's approach was better. But I wouldn't say that FB is getting on something completely new without product market fit. They acquired Oculus in 2014, so they have almost a decade of experience with the technology. Also their VR headsets are very popular and have high demand. The problem is that they didn't figure out a way to monetize yet and it's far from mainstream. The main use case is still video games, far from the social vision Zuck has. I have a Quest and I like it, but even for video games if I had to pick one console, the Quest wouldn't be in my top 3 choices. I hope they succeed and I think it's not fair to judge them so early.