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$1M in credits seems insane to me. Is it just from the number of companies offering credits? Or that compute is marked up so highly? Related - what can you exp
by kayson 2y ago
$1M in credits seems insane to me. Is it just from the number of companies offering credits? Or that compute is marked up so highly?
Related - what can you expect in terms of credits if you're not part of YC? Whether going solo/bootstrapping or another incubator?
- levkk 2y agoCredits are given on a case by case basis, and being part of an accelerator or being funded by a well known VC helps the application process.
- pclmulqdq 2y agoCompute is marked up and a lot of those credits are only for AI compute. Also, those same credit deals are offered to most "serious" startups, including those with backing from any VC.
- paulddraper 2y agoCompute is a drug. AWS gives $100k ($400k for AI). GCP gives $200k ($350k for AI). Azure gives $150k. They'll happily give out six figures in exchange for making millions.
- dartos 2y agoVendor lock in is real
- paulddraper 2y agoRight, what are you gonna do? Spend most of a million bucks and a year just to migrate?
- red-iron-pine 2y agoand with egress costs they get to nail you on the way out
- paulddraper 2y ago> Related - what can you expect in terms of credits if you're not part of YC? Whether going solo/bootstrapping or another incubator? To follow up, in practice these credits are available for any VC-backed startup. (This is a business decision... they know you have financial means + appetite to spend big in the future.) There are some credits available to any new startup, but much less.