Re:Amazon LightSail: Simple Virtual Private Servers on AWS
by blibble on Wednesday November 30, 2016 @03:35PM
(#13074452)
this is why people set up companies, which in the UK costs 13 pounds/year to keep operational
limited liability, can't really beat it
Re:Amazon LightSail: Simple Virtual Private Servers on AWS
by biot on Wednesday November 30, 2016 @04:50PM
(#13075040)
Intentionally doing that in order to avoid paying sounds a lot like fraud, something your limited liability won't protect you from.
Re:Amazon LightSail: Simple Virtual Private Servers on AWS
by blibble on Wednesday November 30, 2016 @06:21PM
(#13075614)
shifting risk to the creditors is the entire point of limited liability; the risk of deadbeats abusing it is always there, and the ability to pay is something almost every business will take into account when arranging a line of credit
amazon could completely negate this risk by requiring pre-payment for small/unknown operators, which is something a lot of people (myself included) desperately want them to provide.
I'm sure they've done their sums here, and have figured out the increased revenue from customers not being able to set a budget is more than their potential losses from deadbeats
the variable costs are basically zero, after all ( bandwidth and CPU time are worthless if not utilised)
This applies to any other provider, too. What you owe the provider is what you contracted to pay the provider (eg. by consuming services, or clicking the "upgrade" button in a web interface). It is independent of them actually taking the money.