Remove EC2 Remove Product Remove Resource Remove S3
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Understanding Changes in the Software & Venture Capital Industries

Both Sides of the Table

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

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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. At the time we viewed Amazon’s offering, EC2 as too nascent. I was dead set against it.

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