article thumbnail

Storage Trends for 2018: Cloud Storage 2.0 Players Poised to Ascend

Xconomy

In March 2006, Amazon launched Simple Storage Service (S3). Although few people paid much attention at the time, the announcement of S3 marked the beginning of a great migration of data from on-premises storage to the cloud.

S3 67
article thumbnail

Understanding Changes in the Software & Venture Capital Industries

Both Sides of the Table

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. They came from a different perspective. They have the mass retailer mentality of “stack ‘em high and sell ‘em cheap.&#

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

This Week in VC with Farb Nivi, Founder of Grockit

Both Sides of the Table

Web-based client for user stream data including Twitter (original focus), FaceBook, MySpace, Google Buzz, FourSquare and many others. Competitors: SmashWords , Google Books. Current round: $8.1mm in Series C by S3 Ventures (lead), Adams Capital Mgmt, Triangle Peak Partners. Estimated 15mm downloads to date.

article thumbnail

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

Both Sides of the Table

ask microsoft, aol/time warner & google]. Fox bought MySpace for $580 million and then did a deal with Google worth more than the purchase price to serve up ads. Google acquired YouTube for $1.65 Google turned YouTube into one of the most valuable future Internet properties. The Past (1985-2002).