Understanding Changes in the Software & Venture Capital Industries
Both Sides of the Table
JUNE 28, 2011
It was driven by the introduction of open-source software, most notably what was called the LAMP stack. They started by offering cloud storage (S3) on a super cheap, pay-as-you consume basis. Not Google. These funds were active back in 2006 when I was raising money for my second company. Amazon changed our industry.
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