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Why Has Seed Investing Declined? And What Does this Mean for the Future?

Both Sides of the Table

What’s astonishing and few other than those who lived it as startups (I launched my second startup in this era) realize is how profound of an impact that rise of Amazon AWS (S3 & EC2) had on the startup market. The “A Round” of my startup in 1999 was $16.5 Seed investing is really about backing “the start.”

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Choosing Internet Platforms

SoCal CTO

Especially when there are things like: Amazon S3 / EC2 / AWS outage this morning. Amazon EC2 - uses it for natural language processing. Would never put a user request to an EC2 instance. OpenEvents and OpenReviews, were early attempts at standardizing schemas and shared servers for these forms of micro-content.

Platform 150
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Social Networking (the Shorter Version) Past, Present, Future

Both Sides of the Table

Back then were were looking for the same things users look for today – the “6 C’s of Social Networking&# – Communications, connectedness, common experiences, content, commerce & cool experiences. At the bottom end of the stack is storage (S3) and processing (EC2). If you look at the power of Bit.ly

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Amazon Web Services (AWS)

SoCal CTO

The focus was S3 - storage service, EC2 - their compute cloud, their queuing system, and their flexible payment system. The S3 system is not a transactional object system, it's for larger objects, larger updates. The EC2 is very similar to having a Linux box in a colocation facility.

Web 150
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What the Past Can Tell Us About the Future of Social Networking

Both Sides of the Table

We were looking for what I call the “6 C’s of Social Networking&# – Communications, connectedness, common experiences, content, commerce & cool experiences (fun!). They had a proprietary browser, their own search engine, their own content, chat rooms, email system, etc. companies versus the Web 1.0 Or was it.

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Data is the Next Major Layer of the Cloud & A Major Victory for Startups

Both Sides of the Table

Our chief architect, Ryan Lissack, wanted to store our data in Amazon’s new (at the time) storage product called S3 that enabled us to store all our data in their facility and we’d pay by the MBs uploaded / downloaded. I had been selling large content management systems and storing documents for industrial-scale customers.

Startup 343