3 ms·
I always found this one rather insulting. It basically means VC money is a get out of jail free card for a lot of early potential mistakes and miscalculations
by techdragon 3y ago
I always found this one rather insulting.
It basically means VC money is a get out of jail free card for a lot of early potential mistakes and miscalculations you can make while working out how much it will cost you to build your business on the back of AWS and how that affects your own pricing model… and the 100x ratio is just rubbing phosphorus into the wound and what elevates this to just insulting to me, it’s one thing to have a 50% or 100% difference in the amount of discount you get (like the already stated example where the VC funds mean you get 90% off, and the bootstrapped customer gets only 30%, that’s a 200% greater discount)
With the 100x on the free AWS credits that’s the equivalent of 10000% discount to the VC funded customer… and when I know that bullshit half baked ideas by people with good networking connections in California are getting a discount like that while I’m working hard to build some sort of legitimate business with my own money… it just feels like Amazon saying “fuck you we don’t want your real business we just want these idiots with their fake business”… it’s not a good vibe to give off.
- giantandroids 3y agoAt a guess I expect its because the VC has vetted the business model and saves amazon from doing the same. e.g. if accel, a16z etc have stumped up seed money or an A-round it means the company would have a tested model, or at least one sufficient for them to throw serious amounts of money at. This saves amazon from having to do the same and allocate resources to vet the founders and startup themselves.
- L4zzy_0tt3r 3y agoyeah vetting is big part of it. Like imagine the amount of applications they get from all over the world. This kind of things changes as the cloud providers get bigger and bigger too. If you use say Oracle now they kind of want to hear from earlier stage startups.