4 ms·
In what world is AWS a startup?
by justinator 4y ago
In what world is AWS a startup?
- lazide 4y agoWhen AWS was starting?
- Nowado 4y agoYou mean when they separated internal infrastructure of the largest ecommerce in the world to the point when it was possible to sell it in commodified pieces to other businesses?
- vasco 4y agoThat is not what happened and is a fake myth origin story. AWS was started from scratch with a small team in south africa. The best description of all the myths and the real thing I've heard is here: https://www.acquired.fm/episodes/amazon-web-services https://www.acquired.fm/episodes/amazon-web-services It sounds good to perpetuate the "but Amazon.com had extra capacity they could sell" but it's not true.
- smachiz 4y agoI mean... a little disingenuous. AMZN was a $10-20B publicly traded company at that time. When is it a startup vs a product offering of an established company?
- drsnow 4y agoI think it's a bit unfair to characterize every company that is "starting" as a "startup", particularly when the "startup" in question is/was backed by one of the largest companies on the planet. I don't think people think of such companies' endeavors as startups, even when they are starting.
- sillysaurusx 4y agoThere is an exact answer to your question, and it has nothing to do with the size of the company: a startup is a company designed to grow fast. Everything we associate with the success of a startup is a byproduct of growth. With that definition, AWS is a startup. So was the iPhone. Both invented their respective markets, and had to grow quickly to do it. If either of them had needed to raise money from VCs, smart VCs would’ve invested. But they didn’t need to raise capital, since they were already a successful company.
- rossdavidh 4y agoThe shovel-seller isn't necessarily also a prospector. They do, however, make a lot of money off of prospectors, whether any gold gets ultimately found or not. But, when the gold rush is over, the shovel-seller may have to do big layoffs.