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Cloud computing is a machine that turns capex into opex with a hefty markup. Want to repatriate? Get ready to sell your investors on the capital sink.
by zrail 4y ago
Cloud computing is a machine that turns capex into opex with a hefty markup. Want to repatriate? Get ready to sell your investors on the capital sink.
- Silhouette 4y agoThis always seems an odd argument for an industry where for most of the last 20 years early money from optimistic VCs has almost been falling from trees. Compensation for technical people has been rocketing even in businesses that haven't actually built any net-value-generating product after several years. Clearly the investors with serious money have no problem with offering huge amounts of it in the hopes of funding the next potential moonshot among the 99 other failures. Would the kind of capex necessary to buy and manage enough infrastructure for most of these businesses to find their market and start scaling rapidly even move the needle at this point?