Both Sides of the Table
JUNE 28, 2011
.&# What this meant was that rather than buying really expensive UNIX servers (and multiple machines in order to handle redundancy) we could buy cheap, replaceable servers for compute resources. These two trends had a major impact on the computing industry from 2000-2005 but the effects weren’t yet felt by the VC industry.
SoCal CTO
JUNE 14, 2008
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.
Both Sides of the Table
DECEMBER 9, 2010
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. So we only had to raise $500,000 to get going and again hardware ate just over 10% of the round. Processing.
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