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If you're going to bring up CapEx, Cloud is entirely a CapEx vs OpEx play so AWS and GCP are entirely familiar with the risks there. AWS dates back to 2006 and
by fragmede 5mo ago
If you're going to bring up CapEx, Cloud is entirely a CapEx vs OpEx play so AWS and GCP are entirely familiar with the risks there. AWS dates back to 2006 and Google was building data centers long before GCP was public. Smaller, sure, but their finance team understand CapEx and OpEx well.
- whatever1 5mo agoI don’t think I agree. Cloud has not faced (yet) a serious downturn. I can invest perfectly in an always up market.
- JumpCrisscross 5mo ago> Cloud has not faced (yet) a serious downturn 2008 wasn't a serious downturn?
- swiftcoder 5mo agoGCP didn't launch until 2008, and AWS was only a small cluster of core services before that point. I don't think it fair to say that either platform really had to weather that crisis