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> Profitability is inevitable. Cloud computing profit is largely driven by companies that don't make profit themselves. If we end up with a major tech crunch,
by time_to_smile 4y ago
> Profitability is inevitable.
Cloud computing profit is largely driven by companies that don't make profit themselves.
If we end up with a major tech crunch, which I suspect we will, and a bunch of these big, non-profitable new tech startups/IPOs start to fold, we'll see a massive and rapid contraction in the cloud space.
The last 3 companies I worked at invested very heavily in cloud infrastructure but none of them has made a profit. There's a pretty good chance if you're on HN the same is true for your company.