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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 million and my A Round in 2005 was only $500,000 (and that’s all I ever raised).

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Choosing Internet Platforms

SoCal CTO

Especially when there are things like: Amazon S3 / EC2 / AWS outage this morning. They also are VERY interesting for background processing tasks that take compute resources or from a storage cloud standpoint. Compared cost there vs. second company that raised $500K and used S3 and other platforms.

Platform 150
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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