Xconomy

JANUARY 2, 2018

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

S3 Google Pricing Services 67

Both Sides of the Table

FEBRUARY 12, 2019

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. As you can see below the number of seed funds shot up dramatically between 2006 and 2014.

Venture Capital 328

Venture Capital Invest Seed Funding Startup 328

Both Sides of the Table

JUNE 3, 2010

Current round: $8.1mm in Series C by S3 Ventures (lead), Adams Capital Mgmt, Triangle Peak Partners. Total raised: $120.3mm; $43.5mm raised prior to 2006 recap; post-recap, raised $7.7mm; Series B in 2009 for $15mm; – Read more: VentureWire (requires subscription). Brought in new CEO, Russ Reeder in 2008.

Venture Capital 214

Venture Capital Startup Design S3 214

Both Sides of the Table

JUNE 28, 2011

They started by offering cloud storage (S3) on a super cheap, pay-as-you consume basis. 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.&#

Venture Capital 334

Venture Capital Software Capital Startup 334

Both Sides of the Table

DECEMBER 5, 2010

Since 2006 I have been lamenting what I see as “the Facebook problem&# – they are trying to lump me into one big social network. At the bottom end of the stack is storage (S3) and processing (EC2). Either they make our social graph portable or we’ll find other networks to join. Nobody exists in one social network.

Social Network 318

Social Network Networking Web 2.0 Startup 318