Understanding Changes in the Software & Venture Capital Industries
Both Sides of the Table
JUNE 28, 2011
.&# They started by offering cloud storage (S3) on a super cheap, pay-as-you consume basis. They then launched processing capabilities (EC2) and we startups suddenly didn’t need to buy production servers. Amazon allowed 22-year-old tech developers to launch companies without even raising capital. Spawning of Micro VCs.
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